THQ Wireless cuts 100 jobs

In a continuing wave of redundancies in pretty much most industries, THQ Wireless has let 100 people go in it’s Wireless division. That actually equals about 75% of the workforce

This follows earlier news that the THQ parent entity was getting rid of studio staff, and cancelling a number of titles that were in development. Obviously in this case, the effect was felt on a much wider plan than the mobile industry, affecting the gaming industry as a whole.

It’s a real shame to see well-known names suffering tough times in Mobile, but this current downturn might just be tough enough to see some real consolidation in the publishers out there – having said that, even the big boys are feeling the pinch right now. Let’s wish THQ well and hope they recover strongly going forward.

[Via: edge-online.com]