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Zynga slashes workforce by a fifth, warns of weak revenues in current quarter

Tuesday, June 4, 2013 | More »

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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 ...