Zynga confirmed that it started laying off U.S.-based employees ahead of what is expected to be a weak third-quarter earnings report. In all, 5 percent of the company's full-time workforce is being let go. As of the second quarter, the company had 3,200 employees so the final tally is probably close to 160 employees. The key details are that the company is sunsetting 13 games and is significantly reducing its investment in its life simulation game The Ville, which as we reported earlier is being...
Zynga CEO Mark Pincus Confirms Layoffs: 5% of Workforce, Potential Closures For U.K., Japan Offices
TechCrunch - 23 Oct 2012 23:59
Zynga confirmed that it started laying off U.S.-based employees ahead of what is expected to be a weak third-quarter earnings report. In all, 5 percent of the company's full-time workforce is being let go. As of the second quarter, the company had 3,200 employees so the final tally is probably close to 160 employees. The key details are that the company is sunsetting 13 games and is significantly reducing its investment in its life simulation game The Ville, which as we reported earlier is being...
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