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THQ eliminating 600 jobs


Beleaguered publisher THQ is giving the axe to 24 percent of its workforce -- about 600 employees -- as part of cost reduction measures. The publisher has not disclosed which divisions or specific studios will be affected by the layoffs, stating only that it "will reduce costs in each functional area."

THQ eliminated 100 jobs at its mobile division offices in San Diego, Germany, and the UK at the end of January. It's currently unclear if these jobs are in addition to the 600 the company announced plans to do away with today.

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