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Zynga's new game: cut costs, jobs

by StewartLee9093 on 09-14-2017 at 12:03 PM
Zynga said Wednesday it was cutting staff by 18 percent amid ongoing losses, as the social games pioneer seeks to reboot its strategy.

The announcement from the San Francisco group, which gained prominence with Facebook games like FarmVille, marks its second major restructuring in two years.

The move came as Zynga unveiled a loss of $46 million in the past quarter, narrowing the deficit from $61 million a year ago, with revenues rising nine percent from a year ago to

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