Zynga says it will cut nearly 520 jobs, shares dive
Zynga Inc announced on Monday its biggest ever round of layoffs and warned of weak bookings for the current quarter, raising doubts about the social game developer's attempt at a recovery.Zynga said it will cut about 520 jobs, or roughly one-fifth of its work force, and close some offices in the United States.Analysts said the latest warning on quarterly bookings, a measure of sales, boded poorly ...
