zynga

Austin
1:38 pm
Wed October 24, 2012

News of Social Gaming Layoffs Spreads Through Social Media

Screen shot of a Twitter post by California-based designer.

Social gaming company Zynga is laying off five percent of the company’s total workforce. That means about 100 layoffs in Austin and others in Boston.

The company says the move is an attempt to streamline operations and focus resources on their "most strategic opportunities.”

The move comes just weeks after the company’s stock plummeted 18 percent.

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