Employee bloated is four times times the fall of the opponent Zynga will also have layoffs storm
Beijing Time July 28 news, according to foreign media reports, once the scenery unlimited social game operators Zynga, is facing a serious survival crisis. After bad two-quarter earnings, Zynga's shares plunged, and management vowed to restructure the game product line in 90 days. The US technology media predicts that Zynga is not a leaner person, and that it will face layoffs in the future, in contrast to its heavily bloated rivals.
The media points out that Zynga's workforce is less refined than its game rivals. Zynga closed several branches and laid off more than 630 people in the last quarter, but Zynga remains a huge company with 2,300 employees.
In contrast, the popular game "Candy smash legend" developer King, employs only 400 employees, "Angry Birds," the well-known game developer Rovio, last year, the number of employees also only 518 people. Zynga employs four times times as many employees as these rivals.
Zynga's bloated and inefficient staff were also questioned at the earnings analyst meeting, and Rich-greenfield, an analyst from BTIG, said Zynga was supposed to be on a larger scale. In the face of doubt, Zynga's chief executive, Don-mattrick, admits that Zynga deserves better results if Zynga can tap the resources of more than 400 employees, as king has in the potential of tapping more than a dozen people.
At the beginning of June, Zynga announced its biggest layoff plan, cutting 630 employees, accounting for 23% of total staff. Zynga said it would save 70 million to 80 million dollars a year in operating costs after the layoffs were implemented. Last fall, Zynga also laid off 5%.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.