Zynga
Pincus Steps Down as Zynga CEO; Gibeau Takes Over
| Phenny Lynn Palec | | Mar 03, 2016 10:09 AM EST |
For the second time, Zynga founder Mark Pincus is stepping down as chief executive officer of the company. The post vacated by Pincus will be filled by former Electronics Arts executive Frank Gibeau.
Zynga to Cut Workforce by 18% and Shuts Down Data Centers to Reduce Annual Expenditure by $100 Million
| Aishwarya Bhatt | | May 07, 2015 09:02 AM EDT |
Zygna declared that they are planning to cut their workforce by 18 percent and close down data centers in order to reduce its annual expenditure by $100 million. Recently the company reported losses amounting to millions and this is a brazen move in an apparent bid to cut down expenditures.
Farmville Maker Zynga to Shut Down Beijing Office
| Marcel Woo | | Feb 13, 2015 02:21 AM EST |
Lackluster performance and falling market value have forced Zynga Inc., the creator of the once-phenomenal Facebook game "Farmville" to shut down its Beijing office and lay of all of its 71 employees in China.
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