December 9th, 2008

Today Midway laid off 25% of its remaining staff, or 180 employees, in a bid to cut costs as a massive $150 million debt payment looms in January. It has also closed its Austin, TX development studio.
However I was able to confirm that today's bad news for many of Midway's employees isn't necessarily bad news for all its projects. First, the layoffs won't impact the development team that works on the "Mortal Kombat" fighting franchise. No surprise there, since "Mortal Kombat vs DC Universe" had a decent debut last month as the #3 Playstation 3 game and #8 Xbox 360 game, making it the lone bright spot for Midway as of late.

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