Midway Cans Project Mid-way

The financially troubled company Midway has canceled their yet-to-be-announced game project and has made some staff cuts. Sad news indeed.

Press Release:

Midway Games Inc. (NYSE: MWY) today announced that it has canceled an as-yet-unannounced project in production in its Austin, TX, facility, and as a result Midway will have a reduction in force of a portion of the affected development team. The studio will remain open and will continue to operate both the Company’s Central Outsourcing Group as well as two teams that are working on unnamed prototype projects intended to expand Midway’s portfolio of new intellectual property. Read more