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Agoura Hills-based THQ and ElSegundo-based toy maker Mattel said this morning that the two are in a new, multi-year alliance focused on developing and publishing video games based on Mattel's toys. FInancial details of the arrangement were not disclosed.
Computer game maker Activision Blizzard is apparently cutting jobs in ElSegundo and Los Angeles, according to a filing with the California Employment Development Department. Fellow computer game makers Electronic Arts and THQ have both announced layoffs in recent months as the industry has felt the effects of a slowing economy.
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