More layoffs for Midway

Posted Nov 13, 2008 at 4:55PM by Karl B. Listed in: PS3, Xbox 360 Tags: Chicago, Midway Games
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Mortal Kombat vs DC Universe - Image 1


It seems that Midway's financial woes has again ended in layoffs. The publisher has just confirmed that some members of its Chicago headquarters have been let go following the shipment of Midway's frontline titles, Blitz: The League 2 (PlayStation 3, Xbox 360) and Mortal Kombat vs DC Universe (Xbox 360, PlayStation 3).

About 20 to 30 people are estimated to have been affected, although Midway didn't disclose any exact figures. A Midway rep said was that the number of people laid off was "well below 10 percent of the studio population, and many of those people were reassigned elsewhere in the company."

This news comes after Midway posted big quarterly losses of US$ 75.9 million, more than double last year's US$ 33.5 million net loss. Midway Austin also underwent layoffs earlier in the year, while the company's LA studio was shut down.



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Via Edge

 
 
 

Comments [refresh]

by TROG3NATER - 2008-11-14 20:12
» I GOT AN IDEA

Quit releasing crappy games I mean a MK game with a T rating same with Blacksite ohhh I was expecting great things from Blacksite but what did you do rushed it slapped a T rating on it and look what happens it almost makes me laugh at the creators and developers at the fact they come up with such stupid ideas and expect people to shout out 60 bucks for them.

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