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THQ Gains On UFC Title

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Agoura Hills-based THQ has swung back into the black, saying Tuesday evening that it had net income of $6.4M for its fiscal first quarter, on the strength of the firm's new UFC 2009 Undisputed title. on sales of $243.5M The positive results compared with a loss of $27.2M and sales of $137.6M last year for the same quarter. READ MORE>>.

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Power-One Chops Another 300 Workers

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The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M Tags: power-one power supply employment jobs layoff. READ MORE>>.

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Broadcom To Lay Off 200

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According to Broadcom, the company is looking to manage its costs and focus on operating cash flow, and is implementing cost saving measures including delaying salary increases, a reduction in workforce, and a variety of other "belt-tightening" actions. Tags: jobs employment layoff broadcom. READ MORE>>.

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