Midway Layoffs, Criminal Cancelled

Midway’s been around the industry for years, has decided to lay off up to 90 people and cut the Criminal project from their lineup. This is a long term plan of cost reduction by the board of directors to get down costs and keep the company running smoothly.

Their plan seems to be to develop games intelligently, by costing out each project and building what’s needed to make the company profitable without excessive cost. A company always runs best when it’s doing it wisely and looking to reduce overhead, unfortunately a company in a bit of trouble has to let go of employees to get their.

While this was a very difficult decision, we feel it was the right thing to do for the future of Midway,” said Matt Booty, interim CEO and president of Midway Games Inc.. “We view every game as an investment that must meet certain standards for quality, scheduling, and profitability. Midway remains committed to producing the highest quality entertainment, as evidenced by our strong holiday line-up which includes TNA iMPACT!, Blitz: The League II, and Mortal Kombat vs. DC Universe starring a team of MK characters and some of the most recognizable DC Comics personalities such as Batman, The Joker, and Superman.” (kotaku)

Hopefully this allows them some breathing room to get out of this sticky situation, we hate to see old names go down in history as failed.

0 thoughts on “Midway Layoffs, Criminal Cancelled”

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

Episode 306: Batman ReturnsEpisode 306: Batman Returns

The crew bemoans the decline of handheld gaming as it gets dominated by mobile platforms like Apple iOS, while they rejoice at Justice League being available on Netflix Streaming. There’s no Gaming Flashback or Gaming History, but there is some Reader Feedback.

This week’s news items include:

  • Batman: Arkham Origins confirmed for PC, consoles
  • Domains for Mad Max videogames registered by Warner Bros.
  • Report: Xbox 720 not always online, doesn’t block used games, supports backwards compat
  • Jade Empire as an Xbox 360 launch title “would have been massive
  • Zeschuk: Old-school gaming in “sick market” right now, digital ‘not filling gaps’

Gamers can read Jordan’s “Death of Handheld Gaming” article here.

Episode 522: Civving UpEpisode 522: Civving Up

This week’s episode is full of industry news in the wake of The Game Awards. There wasn’t many news items but there was plenty to talk about with the Awards, especially with this week’s Gaming Flashback, Unlimited Adventures.

This week’s news items include:

Let us know what you think.

Episode 287: Dead CatsEpisode 287: Dead Cats

This week’s Gaming Podcast is chock full of news and reader feedback. Rather than do a Gaming Flashback, a conversation about the middling sales of the PlayStation Vita is discussed, while Paul is anxiously looking for a black Wii U so he can play Epic Mickey 2. We also hand out the indie game prizes to our two winners.

This week’s news includes:

  • Star Citizen hits $4.5M stretch goal, biggest crowd fundraiser ever
  • Black Ops 2 1.03 patch doesn’t fix server issues
  • Deus Ex: Human Revolution film director tabbed
  • Spector: Epic Mickey 2 takes “choice and consequence to new levels

This week’s Question of the Week: What was the best game you ever played that cost less than $5?

In addition, this is the two days of Kickstarter funding. Help the TD Gaming Podcast with its Kickstarter fundraising.