Implementing corporate costs saving measures, embattled Zynga Inc is reported to have reduced its Irish workforce by 60%. Irish news sources report that the social gaming operator has made 22 Dublin staff redundant, as part of ongoing measures to reduce its global workforce by 18%. Struggling Zynga is aiming to reduce its operational costs, as the operator suffered declining revenues …
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Zynga posts $63 million net loss
San Francisco social games and gambling developer Zynga reported second quarter operational net losses of $63 million (£37 million), an increase of 75% on the 2013 corresponding period. The significant losses in revenues has caused Zynga senior management to lower corporate and financial expectations for the social gaming developer. Zynga Q2 operational report saw the company post revenues of $153 …
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