Agoura Hills-based video game maker THQ said Wednesday afternoon that it is laying off around 60 employees, as part of a reorganization of its Juice Games and Rainbow Studios development studios. Tags: reorg employment jobs layoff videogame content game According to the firm, it has "refocused" the two units into THQ Digital Studios Warrington and THQ Digital Studios Phoenix, and reduced headcount at the studios by around 60. The firm said the new studios will focus on digitally distributed games.

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 layof THQ announced in February that it was cutting 600 people, or 24 percent of the workforce. THQ said that it will record approximately $45M in business realignment expenses for its fiscal 2009 fourth quarter, plus approximately $41M in impairment charges related to cancellation of titles and studio closures.

Agoura Hills-based video game maker THQ said late Wednesday that it is cutting 250 employees, or 17% of its staff, after reporting disappointing results. THQ said it would undertake a "significant" business realignment as its looks to focus on fewer, higher quality titles. The firm said it is cancelling several titles under development, closing five studios, and reducing approximately 250 people and streamlining its corporate organization.

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. Tags: employment jobs layoff video content gam THQ said the move was a response to the continuing uncertainty in the market. The firm said that the cuts include a reduction in product development spending by an additional $70M, through "studio dispositions" and other project and headcount reductions.

Agoura Hills-based THQ has swung back into the black, saying Tuesday evening that it had net income of $6.4M The quarter, which ended June 30th, reversed a string of big losses and declines for the company over the last year, which resulted in major layoffs and studio closures at the firm in November and February. on sales of $243.5M for its fiscal first quarter, on the strength of the firm's new UFC 2009 Undisputed title.

Agoura Hills-based THQ reported Wednesday that the firm is reorganizing the firm's management team and business units. The reorg at THQ follows a series of layoffs and cuts of a number of studios at the firm in the last few months. READ MORE>> ...Tags: According to THQ, it has created three new business units--one focused on "Core Games", another on kids/family and casual games, and another on online properties. The Core Games unit will be headed by Danny Bilson; the Kids/family unit by Doug Clemmer; and Online by Steve Dauterman.