THQ the company probably for the longest time associated with wrestling games, is in a bit of a financial struggle. NASDAQ has recently been threatening them with delisting and rumors circled around that next years games were all to be cancelled.
The layoff effect 174 people including the VP of Technology at THQ, Mark DeLoura. He was the man responsible for MMO operations. That unfortunately means that the planned Warhammer 40K MMO might now see the light of day.
Hopefully the people that lost there jobs get back in the game quickly, and THQ rights the ship. Saints Row is just getting interesting and the Metro series has a lot of promise.
News Source (Joystiq)