Back in February, THQ announced an initiative to cut their budget and apparently it has been a huge success according to THQ. Probably not as big of a success for those that lost their jobs and had their games canceled, though. Shout out to the folks laid off from Volition and soon-to-be closed Big Huge Games.
"Our goal is to return to profitability and generate positive cash flow in fiscal 2010, and to position THQ for long-term sustainable and profitable growth," said CEO Brian Farrell. Just one month ago, THQ's focus was on making great games.
It seems like THQ is shaping itself after Activision, announcing sequels to unreleased games at investor meetings.
You know what I think? Maybe game developers should get in on this bailout action. Why should banks have all the fun? I'd definitely prefer to have my tax dollars saving game companies if the government is going to take my money anyway.