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For the second time now, Zynga founder Mark Pincus is stepping down as chief executive officer of the company.

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.

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