Zynga is slashing 18 percent of its workforce in an effort to better allocate costs as it attempts to develop more gaming hits across multiple digital platforms. It will eliminate about 520 positions by August. The cuts were necessary but not something the company ever expected to face, CEO Mark Pincus noted, especially since its culture was focused on growth. That growth has been more difficult to sustain as gamers have been turning away from computer screens and toward mobile devices to download, play and engage with games.
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Can Zynga's Pink Slips Save the Farm?
Posted by: Rachelle Dragani June 5, 2013 08:52 AMZynga is slashing 18 percent of its workforce in an effort to better allocate costs as it attempts to develop more gaming hits across multiple digital platforms. It will eliminate about 520 positions by August. The cuts were necessary but not something the company ever expected to face, CEO Mark Pincus noted, especially since its culture was focused on growth. That growth has been more difficult to sustain as gamers have been turning away from computer screens and toward mobile devices to download, play and engage with games.