THQ said to be making Australian redundancies

THQ are said to be making layoffs at its Australian arm and Japanese office, reports trade publication MCV.

An "anonymous source" claims that 14 Australian redundancies are to be made, as THQ has been forced to reduce staff worldwide over the last week.

THQ had previously revealed that "administrative and publishing departments," which includes the Australian and Japanese offices, had been affected by the company's financial problems. More will be announced on Thursday when the publisher will report its financial third quarter results and divulge information about recent restructuring. .

While considered just a rumour yesterday, THQ released a statement to Joystiq this morning that confirms the bad news.

"The actions in APAC [Asia-Pacific] are related to our reduction in force from last week – same statement applies. However, 'closing' is not accurate as we still have staff on the ground there and our OZ office has always handled our business relationships in APAC."

Comments

W84NO1
W84NO1 K:24550 31/01/2012
:'@
Heller
Heller K:142768 31/01/2012
A sad time indeed for all of those involved.

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