Midway might be in trouble. Last week three high-ranking officials left the company thanks to a very poor performance in the last financial quarter, and now Midway's Austin studio is laying off anywhere from 90 to 130 employees, and canceling Criminal, a game that was first reported to be in development two years ago.
In a press release, Midway assured the media that the studio will stay open, and these layoffs are a result of the cancelation of the game, not vice versa. Add this to the list of things shaking up the videogame industry from the inside out. We'll keep you posted if anything more develops.