Game developer Midway has not had the best of financial times lately. The company hasn't been profitable in some time and it dumped its most recently CEO David Zucker several months ago. Today the publisher announced plans to shut down its Los Angeles based development studio.

Unlike most recently shut downs of dev studios, the majority of the team members are being offered new positions at Midway's San Diego offices (although its likely some will not take Midway up on the offer). This move includes the entire development team for Midway's development team TNA Impact, the console wrestling title that's due for release this fall. Midway plans the transfer to be complete by September 30.