THQ’s well documented troubles have finally caught up with the company, leading to today’s bankruptcy filing. The good news is this will apparently have no adverse effects on THQ’s studios, pending games currently in development or more importantly its headcount. Granted, this might have something to do with the fact that THQ’s assets are being sold to Clearlake Capital Group for a cool $60 million, but a shake-up with no redundancies is more than even most companies can manage.
CEO Brian Farrell told press that THQ “does not intend to reduce its workforce as a result of the filing, and employees will continue to work their usual schedules and receive normal compensation and benefits, pending customary Court approval. The sale and filing are necessary next steps to complete THQ’s transformation and position the company for the future, as we remain confident in our existing pipeline of games, the strength of our studios and THQ’s deep bench of talent.”
Source Yahoo! News