Zynga has had to say farewell to some 18% of the company’s workforce and CEO and founder Mark Pincus was the one who had to do it. The layoffs will be spread across the entire company.
The recent note sent to staff informing them of the layoffs was also published on the Zynga blog, in which Pincus said that yesterday was a “hard day” for the company.
“None of us ever expected to face a day like today, especially when so much of our culture has been about growth. But I think we all know this is necessary to move forward. The scale that served us so well in building and delivering the leading social gaming service on the Web is now making it hard to successfully lead across mobile and multiplatform, which is where social games are going to be played.”
Pincus also pointed out that the company will, by taking this course of action now, be able to “take care” of their laid off employees in the form of severance packages.
Zynga looks to have further changes on the horizon, according to Pincus’ note, and it is likely that the company’s scope will need to be tightened further before it can expand again.
Source: AllThingsD