THQ in Trouble as Lay-Offs Loom?

170 or more staff rumoured to be in line for redundancy

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THQ in Trouble as Lay-Offs Loom?
THQ looking to layoff more than 170 people according to an analyst, and the company will be looking to this today.

Kevin Dent tweeted, "This is probably going to break in the morning, I have sat on it for a week or so. The culling at THQ was 170+ souls including @markdeloura."

We could assume that Mark Deloura, THQ's VP of Technology, might be Mr Dent's source for this. It is also likely that Mr Deloura was one of the minds behind the U-Draw device.

So, as suggested by Mr Dent, we emailed Mr Deloura's address and got this in response:

"Mark DeLoura is no longer with THQ. For questions regarding THQ and technology, please contact Juancho Buchanan, corporate technical director, at john.buchanan@thq.com."

This is being taken by many outlets to confirm that THQ is to lay off 170+ people. We're going to hang fire on that connection.

However, given that THQ has been threatened with delisting from the NASDAQ because of its low share price - and therefore investor interest - things are not looking great in Agoura Hills.

We'll all find out more tomorrow Q3 2012 THQ Inc Earnings Conference Call, which is being webcast.
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