Zynga

520 employees to leave the company as it also closes three offices across the country

Gaming development behemoth Zynga is trimming down its workforce today by a dramatic 18-percent in order to refocus its efforts on mobile and touch screen gaming. In a company-wide memo obtained by Kotaku, CEO Mark Pincus explains that in order to focus in on Zynga's strengths the tough decision to cut jobs was necessary. While Zynga's original strategy of providing web games via platforms like Facebook took off initially, the company understands that the future is mobile. And although it seems tough on a large number of employees right now, Pincus explains that he is glad it is taking place "from a position of financial strength" rather than retreat.

You can call into question whether Zynga is actually financially strong at the moment, but the good side of this is that the company will be providing generous severance packages to the employees effected by this layoff. As for the future of Zynga, we can rest assured that it will continue to pump out some of the most popular games on mobile today. The full employee memo can be found at the source link below.

Source: Kotaku