LayoffBlog.com

December 16, 2008

Midway Games to Cut 25% of Work Force

According to WSJ: “Videogame maker Midway Games Inc. said it will lay off 25% of its work force, close its Texas studio and suspend development of several games in order to cut costs.”

“Midway said Tuesday the work-force cuts, affecting 180 full-time positions, would be made at its Austin, Chicago and San Diego locations. The suspended projects, which had been scheduled for release in 2010 and 2011, haven’t yet been made public.  “

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