Zynga to Lay Off 520 Employees ⇥ allthingsd.com
Kara Swisher, AllThingsD:
But the action will also include the closing of its offices in New York, Los Angeles and Dallas, as well as the slashing of other major infrastructure costs, adding to a total expense reduction that is likely to be much larger.
Zynga continues to have big offices in San Francisco; Beijing, China; and Bangalore, India, as well as several small units across the U.S. (such as Seattle and San Diego). […]
Zynga currently has about 2,900 workers.
Truly terrible news for 520 people.
Update: OMGPOP, the makers of “Draw Something” which Zynga bought for $180 million, has been shuttered as part of these layoffs. What did Zynga gain out of buying the game after it hit its popularity peak? What did those employees gain?