Wednesday, June 5, 2013

Game over for 520 Zynga workers

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Game over for 520 Zynga workers

Earlier today, Zynga announced that it was laying off 18 percent of its global workforce. After the news broke, I spoke to a source with knowledge of the comp..

Zynga, the shared gaming services company, is laying off 18 percent of its employees in an effort to reduce its cost structure. CEO Mark Pincus announced the layoffs Monday in a note to employees posted on the company's blog. Zynga, as of the end of

Earlier today, Zynga announced that it was laying off 18 percent of its global workforce. After the news broke, I spoke to a source with knowledge of the comp..

The company behind FarmVille just got a small smaller. Zynga, the troubled developer responsible for a number of shared games, laid off 520 staff today—18% of the company's employees. The goal: refocus on mobile gaming.

"None of us ever expected to face a day like today, especially when so much of our culture has been about growth," said Zynga CEO Mark Pincus in a message to employees on Monday. "But I reckon we all know this is necessary to go forward. The scale

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