News: Zynga founder Mark Pincus to cut 18% of jobs

Employee Relations

Zynga founder Mark Pincus to cut 18% of jobs

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 Wednesday in a statement.
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 Wednesday in a statement.
Read Livemint's full report here
Read full story

Topics: Employee Relations, #Jobs, #Hiring

Did you find this story helpful?

Author

QUICK POLL

What is your top focus area for reinventing work in the hybrid world of work?

How can we prepare for a challenging 2023?

READ our latest issue for tips and suggestions.