Brier Dudley for the Seattle Times:
Word of the layoffs surfaced earlier and was confirmed in an internal memo to employees from founder Mark Pincus.
The memo said the company is cutting 5 percent of its full-time workers and closing its studio in Boston. That would be around 150 of its roughly 3,000 positions.
Also proposed is the closure of studios in Japan and the United Kingdom.
An early social gaming success story, Zynga flew too high, too fast and is now having to correct, at the expense of employees.
They laid off one employee?
Not sure how they ever intended to turn a profit since what they sell is a cyber fad with out much value.
I don’t think anyone is really surprised by the fact that Zynga couldn’t continue to just splash cash around but not actually do one thing well. That one thing, it turns out, was crucial to their continued existence and they blew it. Also the knock-off games like Dream Heights damaged their credibilt and they put the final nail in the coffin by buying draw something. As a gamer and tech moron I was only surprised that they chose the cover of an apple keynote hoping no one would notice and invoking the streisand effect in one fell swoop. Good job guys! Wont miss ya.