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Zynga announces 5% staff cut, office closing

Social-game maker Zynga Inc. said Tuesday, Oct. 23,

Photo credit: Bloomberg News, 2011 | Social-game maker Zynga Inc. said Tuesday, Oct. 23, 2012, it is cutting 5 percent of its staff, shutting offices and ending more than a dozen titles to compensate for slowing sales growth. The company went public this past December.

Social-game maker Zynga Inc., which went public this past year, is cutting 5 percent of its staff, shutting offices and ending more than a dozen titles to compensate for slowing sales growth.

San Francisco-based Zynga is closing an office in Boston, trimming staff in Austin, Texas and weighing the closure of studios in Japan and the United Kingdom, chief executive Mark Pincus wrote Tuesday...

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