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THQ Completes Cost Cutting

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Agoura Hills-based video game maker THQ announced this morning that it has "substantially completed" its latest business realignment, which will save the firm $220M in annual costs. Tags: video game studio content employment jobs layoff. THQ announced in February that it was cutting 600 people, or 24 percent of the workforce.

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THQ Gains On UFC Title

socalTECH

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.

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