Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Midway Games to cut 180 jobs, 25 percent of work force, close Texas studio

Posted: December 17th, 2008 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Midway Games Inc., maker of the popular “Mortal Kombat” video game series, will cut its head count by 180 people, or 25 percent of its work force, close a studio in Austin, Texas, and halt development of “noncore” games, according to a government filing Tuesday.

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