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Zynga to Lay Off 520 Employees — 18 Percent of Staff — And Shutter New York And LA Offices (AllThingsD)
Zynga is laying off 18 percent of its workforce — which represents 520 employees — in a bid to reduce costs and more drastically restructure its troubled business toward mobile, according to sources close to the situation. Reuters One of the first firms to seize upon Facebook as a game-publishing platform years ago, Zynga has struggled to keep hold of players as people increasingly turn to their mobile devices — and games from Zynga’s rivals — for entertainment. Zynga’s chief executive, Mark Pincus, has shut studios, retired more than a dozen games and laid off hundreds of employees as part of a turnaround effort that focuses resources on developing mobile games. USA Today Two troubling trends have hit Zynga; for starters, fewer people are playing Zynga games, with the number of overall players dropping by more than 10 percent from last year. And those who are playing aren’t spending as much, with the company posting a first-quarter drop of about 30 percent from 2012. SocialTimes “None of us ever expected to face a day like today, especially when so much of our culture has been about growth… The scale that served us so well in building and delivering the leading social gaming service on the Web is now making it hard to successfully lead across mobile and multiplatform, which is where social games are going to be played,” said Pincus in an internal memo to employees. AppNewser Despite the layoffs, the company is still hiring in some positions across its locations. According to the company’s website, there are jobs available in its San Francisco, San Diego, Seattle and Beijing offices, among other places.
Posts Tagged ‘Chris Cuomo’
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In a June 24, 2011 report by Chris Cuomo, Internet dating background-check service provider Kelley Cahill alleged that her former boyfriend David Williams had lied about his marital status during their relationship, profited from the liaison and used Cahill to “prey” on other women. Not so, says Williams:
According to the 11-page complaint [filed in Orange County Superior Court by Beverly Hills attorney Alexander Rufus Isaacs]… Cahill was the freeloader in the relationship and Williams told her that he was separated from his wife, not divorced.