Zynga (NASDAQ: ZNGA - Jun 4 9:07am ET $2.99)
announced yesterday that it will be laying off 520 people, 18% of its workforce in an effort to save $70-80 million. Industry experts wonder how long the once popular can survive. But in reading articles about the layoffs I noticed an interesting thing in the comments section of each post. The comments are usually filled with comments from the terminated employees, and it can give you a closer glimpse into what is happening at that company. But stuck between the employee comments were job postings from other software companies.So a word to job seekers, read the article comments.
http://techcrunch.com/2013/06/03/zynga-global-layoffs/
More on Zynga:
http://mediamixmaster.blogspot.com/2012/06/social-media-bubble.html
http://mediamixmaster.blogspot.com/2011/07/zynga-files-for-ipo-of-up-to-1-billion.html
http://mediamixmaster.blogspot.com/2011/11/zynga-quick-rise-may-bring-about-its.html
http://mediamixmaster.blogspot.com/2012/04/zynga-stock-continues-to-slide.html
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