Major Layoff at Zynga Inc.
Zynga Inc. founder Mark Pincus is cutting 18% of the casual-games company’s work force, less than a month after retaking the reins as chief executive officer.The firings, amounting to 364 jobs, are part of a cost-reduction plan that will save $100 million annually, the company said.
Zynga Inc. founder Mark Pincus is cutting 18% of the casual-games company’s work force, less than a month after retaking the reins as chief executive officer.The firings, amounting to 364 jobs, are part of a cost-reduction plan that will save $100 million annually, the company said.
Read Livemint’s full report here.
