News has reached us that THQ has moved to tighten its belt by letting 33 employees go. Their spin is that 16 positions at Volition and 17 positions at Kaos were redundancies, and the decision was made to better align the studios with the current needs for the current projects at both studios.
This decision will not affect the release of any titles in development or the support of any titles that have been released. Volition will continue working on the new Saints Row while the team at Kaos will continue to support Homefront, prepare the upcoming DLC for release, and start working on pre-production for a future title which is expected to be a sequel to the recently released Homefront.
THQ says that the employees that are affected will be receiving outplacement assistance and will be treated with the appropriate concern. It is unknown in the case of Kaos if this decision is a warm up for the potential closure of the studio, as has been rumored for some months.