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Brain Drain? Zynga Loses Top Talent to Optimistic Rival
4 days ago - Fox Business - Jun 14, 2013 1:25 PM
Having already inked four acquisitions, three-year-old SGN is adding tiny teams of veteran creative developers to strategically build out its network of social games that already include Bingo Blingo and Panda Jam.
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5
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Top VC Fred Wilson Says 'Zynga Will Get Through It' (ZNGA)
5 days ago - Business Insider - Jun 14, 2013 10:07 AM
Zynga has been in a downward spiral ever since its disappointing IPO in December 2011. In October 2012, Zynga laid off 5% of its staff. That same month, Zynga announced it was taking a write down between $85 million and $95 million on Draw Something
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Zynga May Ultimately Have to Gamble on Its Future
5 days ago - The Motley Fool - Jun 14, 2013 3:50 AM
At this point it seems like Zynga's only viable solution to its problems is real-money gambling.
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22
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Social Gaming Network acquires Mob Science, shares its strategy for growth
6 days ago - VentureBeat - Jun 13, 2013 9:15 AM
SGN continues to grow in the social space while giants like Zynga close offices. What's its secret?
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31
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6 Signs You Need to Find More Customers
6 days ago - Inc - Jun 13, 2013 7:00 AM
Sure, it's great to have a big contract with a big company. But how do you know when you're too dependent on that one relationship? Find out.You prbably saw the recent announcement by once-high-flying Zynga that it is laying off 20 percent of its wor
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It's Complicated: At E3, Core Gamers React to Zynga's Distress
7 days ago - AllThingsD - Jun 12, 2013 10:00 AM
Words with who?
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Is Zynga Finally Becoming One of the Market’s Better Investment Opportunities?
7 days ago - The Motley Fool - Jun 12, 2013 8:47 AM
Social gaming is becoming a more comprehensive opportunity.
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25
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Zynga's Mark Pincus Is What's Wrong With Silicon Valley
1 week ago - The Motley Fool - Jun 12, 2013 12:35 AM
Chasing after short-term profits in frivolous businesses has distracted tech entrepreneurs from the big idea.
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6
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The 17 Biggest Mass Layoff Announcements Of The Past Year
2 weeks ago - Business Insider - Jun 7, 2013 10:12 AM
This week Zynga shuttered three offices, leaving 520 employees at the gaming company out of a job. Even though the job market has slowly been improving, layoffs are still a perennial fear in this economy. And some companies have announced massive job
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59
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Lesson From Zynga: Perks Are Not More Important Than a Business Plan
2 weeks ago - Inc - Jun 6, 2013 10:10 AM
A cautionary tale from Silicon Valley shows why you should resist the arms race for employee perks.Silicon Valley businesses know that perks are easier than business plans. People like perks. Everyone from your lowest and newest and most incompetent
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Therese Poletti's Tech Tales: Zynga investors are stuck with Mark Pincus
2 weeks ago - MarketWatch - Jun 6, 2013 6:00 AM
When a company like Zynga is in a crisis, investors often tag the CEO with blame and push for his ouster. But for better or worse, Mark Pincus isn’t going anywhere, writes Therese Poletti.
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Commit To Buy Zynga At $2, Earn 19%
2 weeks ago - Forbes - Jun 5, 2013 1:47 PM
Investors eyeing a purchase of Zynga Inc (NASD: ZNGA) stock, but cautious about paying the going market price of $3.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract
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VentVille: Ex-Zynga Workers Spill Dirt on Reddit
2 weeks ago - CNBC - Jun 5, 2013 1:03 PM
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Laid Off Employee Calls Zynga a 'Sinking Ship'
2 weeks ago - Inc - Jun 5, 2013 12:43 PM
Despite a cushy severance package, an ex-employee still blasted his former employer on Reddit.A former Zynga employee took to Reddit on Tuesday, following the drastic layoffs that cut 18 percent of the social gaming company's workforce.In the thread,
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Schadenfreude With Friends: Zynga's Rivals Explain Why They're Not Also in Trouble
2 weeks ago - AllThingsD - Jun 5, 2013 11:00 AM
A few thoughts from the execs at some of Zynga's top challengers.
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A Laid-Off Zynga Employee Trashed The Company On Reddit Last Night
2 weeks ago - Business Insider - Jun 5, 2013 9:22 AM
Social game developer Zynga laid-off 520 employees on Monday. Yesterday, we got an inside look at what happened at the company's New York office at the time of the lay-offs. Last night, an employee laid-off from the San Francisco office decide
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Play With Zynga Games, Not Zynga Stock
2 weeks ago - TheStreet - Jun 5, 2013 6:30 AM
NEW YORK (TheStreet) -- After Znyga announced cost reductions resulting from laying off over 500 employees (18% of the workforce) is it time to buy the stock? The short answer is no, the shares aren't cheap enough to justify the risk.The first thing
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Play With Zynga Games, Not Zynga Stock
2 weeks ago - TheStreet - Jun 5, 2013 6:30 AM
NEW YORK (TheStreet) -- After Znyga announced cost reductions resulting from laying off over 500 employees (18% of the workforce) is it time to buy the stock? The short answer is no, the shares aren't cheap enough to justify the risk.The first thing
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John Shinal's Tech Investor: Zynga’s problems are piling up
2 weeks ago - MarketWatch - Jun 5, 2013 6:00 AM
Zynga CEO Mark Pincus made a string of bad decisions, leading to the company’s decline, writes John Shinal.
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Zynga's Virtual Pain
2 weeks ago - WSJ - Jun 4, 2013 8:28 PM
After building its business selling virtual goods for games on Facebook, Zynga is finding that the millions of casual gamers it wooed en masse years ago are fickle—especially on smartphones and tablets.
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More Layoffs and Reduced Outlook: Is Zynga Sinking?
2 weeks ago - Wall St Cheat Sheet - Jun 4, 2013 6:13 PM
It's no secret that the game publisher has struggled since its IPO -- shares are down more than 68 percent since they hit the market in December 2011 -- but the company hasn't been totally neglected by investors over the past few months.
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Zynga Layoffs: What Happens When Startups Grow Too Fast
2 weeks ago - Entrepreneur - Jun 4, 2013 4:15 PM
Here's a look at several businesses forced to cut back after a period of hyper-growth.
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Zynga, Suckerfish of the Internet
2 weeks ago - Bloomberg Opinion - Jun 4, 2013 3:22 PM
The casual game company should have jumped the shark.
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One reason people love to hate Zynga
2 weeks ago - CNN Money - Jun 4, 2013 3:17 PM
Zynga has only its CEO to blame for some of its schadenfreude.
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INSIDE ZYNGA'S LAYOFFS: Employees Held A Boozy, Hoodie-Shredding Party After Being Told They Were Fired
2 weeks ago - Business Insider - Jun 4, 2013 3:04 PM
Yesterday afternoon, at about 2:00 PM, Zynga New York's 45 employees were called to an all-hands meeting. Many grabbed beer from the fridge as they headed toward the front of the room. Nothing good came from unexpected, mid-day meetings anymore. The
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MySpace founder lauds Facebook, raps Zynga
2 weeks ago - MarketWatch - Jun 4, 2013 1:06 PM
Chris DeWolfe, the co-founder of MySpace and now CEO of the social gaming company SGN, says Zynga grew too fast and did not develop a solid plan for mobile.
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After Layoffs, Zynga Hits Crossroad for Survival
2 weeks ago - CNBC - Jun 4, 2013 11:27 AM
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185
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With $1.6 Billion in Cash, Zynga Is Now Worth Less Than $750 Million to Investors
2 weeks ago - AllThingsD - Jun 4, 2013 11:03 AM
Is it a bargain or a fire sale?
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Zynga Announces 18 Percent Layoff of Workforce as Shares Plummet, Analysts Defend the Stock
2 weeks ago - Benzinga - Jun 4, 2013 10:09 AM
Mobile app maker Zynga (NASDAQ: ZNGA) Monday announced that it was reducing its head count by about 18 percent and closing offices in an attempt to reduce costs. The company has been fighting stagnating revenue and is cutting costs to boost profitabi
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UPDATE: Bank of America Lowers PT on Zynga on Weak 2Q Bookings
2 weeks ago - Benzinga - Jun 4, 2013 9:46 AM
In a report published on Tuesday, Bank of America analyst Justin Post lowered the price target on Zynga (NASDAQ: ZNGA) from $3.80 to $3.60 and reiterated an Underperform rating.
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Salesforce falls, but Intel, Zynga rise
2 weeks ago - MarketWatch - Jun 4, 2013 9:39 AM
SAN FRANCISCO (MarketWatch) - Shares of Salesforce.comfell early Tuesday after the business software company announced a plan to buy ExactTarget Inc.for $2.5 billion. Shares of ExactTarget, a business marketing software developer, soared 53% to $33.7
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Salesforce Falls, But Intel, Zynga Rise
2 weeks ago - Fox Business - Jun 4, 2013 9:39 AM
Shares of Salesforce.com fell early Tuesday after the business software company announced a plan to buy ExactTarget Inc. for $2.5 billion.
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Zynga: Can The Layoffs Save the Farm? Some Observers Say Yes
2 weeks ago - Forbes - Jun 4, 2013 9:29 AM
Zynga's decision to fire 18% of its workforce may keep the company from blinking out of existence, observers say, though even the most optimistic forecasts put the video game's shares below the $5 level.
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A Year After Being Acquired For $180 Million, OMGPOP Is Gone And Some Employees Are Taking It Hard (ZNGA)
2 weeks ago - Business Insider - Jun 4, 2013 9:02 AM
Zynga laid off 18% of its staff yesterday across all departments, shutting down its offices in New York, Dallas, and Los Angeles. That means yesterday was the last day for many New York-based OMGPOP employees, Sean Hollister of The Verge reports.&nbs
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Movers & Shakers: Tuesday’s movers: Salesforce.com, Zynga
2 weeks ago - MarketWatch - Jun 4, 2013 8:54 AM
Shares of Microchip Technology led the S&P 500 in premarket trade on Tuesday while shares of Dollar General and Salesforce.com fell. Zynga continued to attract attention in the wake of its layoffs.
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UPDATE: Piper Jaffray Lowers PT on Zynga on Significant Workforce Reduction
2 weeks ago - Benzinga - Jun 4, 2013 8:28 AM
In a report published on Tuesday, Piper Jaffray analyst Michael Olson lowered the price target on Zynga (NASDAQ: ZNGA) from $3.50 to $3.35 and maintained a Neutral rating.
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Zynga BloodBath: What Wall Street Is Saying
2 weeks ago - TheStreet - Jun 4, 2013 8:15 AM
Social gaming company Zynga let go of 18% its staff as it tries to become profitable. Here is what Wall Street is saying about the move. Click to view a price quote on ZNGA. Click to research the Internet industry.
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10 Things You Need To Know This Morning
2 weeks ago - Business Insider - Jun 4, 2013 6:58 AM
Good morning! Zynga fired 18% of its employees and shut down three office locations yesterday. “You are a fixture and then you are gone,” said one of the laid off employees. The entire team behind Draw Something, which Zynga acqu
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Stocks to Watch: Zynga, Pandora are Tuesday’s stocks to watch
2 weeks ago - MarketWatch - Jun 4, 2013 5:30 AM
Investors will be watching Zynga and Pandora Media closely to see whether the two companies recover from steep losses in the previous session.
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Zynga announces further job cuts
2 weeks ago - BBC - Jun 3, 2013 11:33 PM
Games developer Zynga announces plans to cut 520 jobs and warns that it expects wider losses than it previously estimated.
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What Zynga's Troubles Mean For Facebook
2 weeks ago - Huffington Post - Jun 3, 2013 9:01 PM
As Zynga on Monday announced plans to lay off roughly one-fifth of its workforce and shutter three offices, the technology world absorbed a warning that...
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How Zynga Became Master -- And Victim -- Of The Disposable Game
2 weeks ago - Huffington Post - Jun 3, 2013 8:00 PM
In the end, Zynga may be undone by same thing that made its online games so wildly popular: People seek out the new thing, find...
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Bits Blog: Continuing to Reduce Costs, Zynga Lays Off 520 Employees
2 weeks ago - NY Times - Jun 3, 2013 7:48 PM
Social gamers are moving to mobile devices, but Zynga is having a hard time following. To reduce costs, it has decided to become much leaner.
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178
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Zynga to Cut Staff to Pre-IPO Level
2 weeks ago - WSJ - Jun 3, 2013 6:09 PM
Zynga said it plans to lay off about 18% of its staff and close certain office locations as the embattled social games maker seeks to cut costs.
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Zynga to cut jobs as games underperform
2 weeks ago - FT - Jun 3, 2013 6:08 PM
Company grew quickly as it became biggest games publisher on Facebook, but has been retrenching over the past year as new titles have disappointed
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Here's What Went Wrong At Zynga Right Before Today's Layoffs
2 weeks ago - Business Insider - Jun 3, 2013 6:08 PM
About 522 people lost their jobs at Zynga today, after a year or more of turmoil at the company. Trading in Zynga stock was halted on the news. Zynga has had difficulty transitioning from social games to mobile games — where the real action is
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Zynga Sheds 520 Workers in Mobile Move
2 weeks ago - Inc - Jun 3, 2013 6:02 PM
In a move to save roughly $80 million, the troubled gaming platform cut 18 percent of its staff on Monday.Zynga slashed 18 percent of its workforce on Monday, All Things D's Kara Swisher reports. The move could save the social gaming company close to
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Zynga Slashes Work Force by a Fifth, Shares Dive
2 weeks ago - NY Times - Jun 3, 2013 4:53 PM
Zynga Inc announced on Monday its biggest ever round of layoffs and warned that bookings will be weaker than previously forecast, raising questions about the social game developer's attempt at a recovery as it struggles to retain players.
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Zynga slashes work force by a fifth, shares dive
2 weeks ago - Reuters - Jun 3, 2013 4:50 PM
SAN FRANCISCO (Reuters) - Zynga Inc announced on Monday its biggest ever round of layoffs and warned that bookings will be weaker than previously forecast, raising questions about the social game developer's attempt at a recovery as it struggles to r
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Zynga slashes work force by a fifth, shares dive
2 weeks ago - Reuters - Jun 3, 2013 4:50 PM
SAN FRANCISCO (Reuters) - Zynga Inc announced on Monday its biggest ever round of layoffs and warned that bookings will be weaker than previously forecast, raising questions about the social game...
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