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Breaking down the THQ 72 cent stock, CEO pay cut, layoffs, and what it means to you

GTMAM writes:

"A company laying off employees is never something to be taken lightly, but 240 layoffs is serious business, seriously bad business. Even worse business is stocks below a dollar. THQ officially announced late last week that they were laying off two-hundred and forty employees. This comes after they announced changes to their business strategy, in which they plan to focus on core games, but what really happened and what does it all mean to the gamers? Hopefully I can help answer some of those questions."

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