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Midway to cut global workforce by 20%

By Matthew
Jul 20, 2009
  1. Nearing the end of its Chapter 11 bankruptcy proceedings, video-game developer and publisher Midway is set to lay off a significant portion of its global staff. According to a recent filing with the US Securities and Exchange Commission, the company gave a two-month notification to 60 of its employees under the Worker Adjustment and Retraining Notification Act.

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  2. raybay

    raybay TS Evangelist Posts: 7,241   +9

    Hate to see anybody lose their job over management issues... 60 people is a lot of payroll, when this is such a bad time for job hunting... But Obama says things are on the way up.
     
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