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Midway to cut global workforce by 20%
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#1
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Midway to cut global workforce by 20%
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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"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition." -Thomas Jefferson
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#2
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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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Battlestations Midway BSOD, patch to 1.11 doesn't read CD