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01-31-2009, 03:48 AM
http://venturebeat.com/2009/01/30/thq-lays-off-100-focuses-wireless-games-on-smart-phones-only/
As part of our goal of aligning our business to focus on our most competitive product categories, we have decided to streamline our THQ Wireless operations to focus only on games for high-end handheld devices. Given today’s market environment, we believe our focus on the high-end handheld market is critical to strengthening our market position and achieving profitability.
As a result, we will be downsizing our wireless group and will be closing our San Diego, UK and Germany wireless offices. Approximately 100 employees will be affected. Our Universomo studio will continue to be the center of our wireless development business. Universomo has been recognized for product quality and we look forward to continuing to develop and publish quality games for devices such as the Apple iPhone.
arn
As part of our goal of aligning our business to focus on our most competitive product categories, we have decided to streamline our THQ Wireless operations to focus only on games for high-end handheld devices. Given today’s market environment, we believe our focus on the high-end handheld market is critical to strengthening our market position and achieving profitability.
As a result, we will be downsizing our wireless group and will be closing our San Diego, UK and Germany wireless offices. Approximately 100 employees will be affected. Our Universomo studio will continue to be the center of our wireless development business. Universomo has been recognized for product quality and we look forward to continuing to develop and publish quality games for devices such as the Apple iPhone.
arn