Josh Constine of TechCrunch:
Possibly trying to hide the grim news by announcing it during Apple’s event, Zynga just laid off over 100 employees from its Bingo and TheVille teams and its Austin office, according to Justin Maxwell, though we can’t confirm this info yet. Rumors are swirling that other Zynga offices across the country may see layoffs too.
The Verge has independently confirmed this news. Horrible news for the employees, and truly dickish timing from the company. Their stock is down to a little over $2 right now, and it’ll probably drop further when they release their pittance of earnings tomorrow.