THQ executives let go

No surprise there... they didn't exactly make a huge sucess of the company did they.

And their severance packages will take them well into retirement or whatever venture they take on in the following years.  Jason Rubin joined THQ way too late, to have any kind of long-term impact on the company.  

CEO, Brian Farrell was a fool.  Invested most of the companies remaining net worth into uDraw, tanked THQ into the earth.   How he thought that was a good product to come out of THQ is beyond me.  

they should've stick to wrestling games. but hopefully they find jobs right away

@poster012 Their severance will be their yearly salary plus bonus, and obviously their stock options are worthless. So, for the CEO, it will come to about $400,000. Not bad, but not huge, considering he made about $1.2 million in compensation in 2011.

http://contracts.onecle.com/thq/sep.shtml

Bloody hell for a moment there i thought it said 'THQ exclusives let go'

<Insert edgy anti-corporatist garbage generalizing people with titles of corporate executive here.>

why quit nauthy dog, to work crapply company

lmaoooo @ the comments below!

Probably won't take them long to find jobs.  

Im sure they got a big payout!

We are looking for a warehouse manager at work, if that will help them I could put in a good word... maybe.

Still very sad...THQ was one of the best 'nicest' (if you will) big game companies around

You've been targeted for termination, come with me if you want to live.....

Poor guys. They'll have to take their huge severance packages and get other high-paying jobs somewhere else. 

they probably went home to play some Dead Space 3

These parasitic executives managed to leech money from the company until the very end!

Do you guys have to be so mean? THQ was one of the few companies that tried to be if not inovative atleast fresh.They didn't have a cash cow like Activision's Call Of Duty and EA's Mass Effect and were actually relying on new ip's most of the time.Darksiders,S.T.A.L.K.E.R.,Metro 2033,Homefront,etc...Some of them payed off,some didn't.Give them some credit here.

THQ executives let go of what?

I'm going to go to mcdonalds and order me a piecemeal, I hope the toy inside is a free darksiders 1 and 2.

wonder if those guys list those post in their resume.

I'm sure they have enough to get by on. At least for 1000 years. After that they may have to start looking for work again.

Good, because releaseing around 50 DLC per game sure aint a way to get customers to like you.

"let go" makes it sounds like they were being held against their will  

They were finally let go, and boy did they run.

What about the second auction? will the Homeworld IP forever be damned in litigation hell?

*sobs uncontrollably*

I have to say its only fair. 

I can understand the sentiment behind the clearwater deal, but with the going under the holders get screwed royally. That clearwater deal would've been rubbing dirt in their faces on top of it so I can understand why they went with the traditional auction. 

Sucks for Jason.  He wasn't in that position long.