Future looking bad for Zynga

4.6

Things are looking bleak for the primarily Facebook orientated games developer Zynga.

In the last year the troubled company has had to deal with some high profile execs resigning from the company, laying off 5 percent of their staff and the closure of their Boston Studio. They've also had to close down 13 of their least popular games, which recently had Mafia Wars 2 added to the list.

As well as news that the companies share price has plummeted by 73 percent since the company started trading publicly.

All this has been too much for Zynga CEO, Mark Pincus who was reportedly close to tears during a meeting with company investors. Pincus has placed the blame for Zynga's downfall to a "rapid change in player habits."

Zynga seem to have now changed their focus more towards mobile gaming and gambling.

Posted: Dec 04, 2012 10:10 am

Comments

Ez-Posted: Sun. Dec 09, 2012

Hahaha they shouldnt scam then. Zynga poker especially.

CBR_FIREBLADEPosted: Sat. Dec 08, 2012

YYYYYYYYYYYYEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSS!!!!!!!!!!!!!!!

hopefully no more "annoying kid invited you to play (some different crappy game)ville"

when Im on facebook and these damn invites annoy me.. alot. its not like they are even good games, almost all are the same thing just different skins.

CentPosted: Sat. Dec 08, 2012

This has no effect on me so im fine.

GrownPosted: Thu. Dec 06, 2012

CyberPunk Facebook games are always way too lacking, rather tedious and annoying in regards to the spam they put out and just generally i think only really a real last resort for games for many people

I agree with you completly..

CyberPunkPosted: Thu. Dec 06, 2012

Facebook games are always way too lacking, rather tedious and annoying in regards to the spam they put out and just generally i think only really a real last resort for games for many people

XeX_XENONZPosted: Wed. Dec 05, 2012

Good. Maybe I will finally not have to deal with notifications say "John invites you to blow his dong in farmville" on facebook anymore.

ScufPosted: Wed. Dec 05, 2012

Too bad. I used to like games like this. Not the gay "...ville" ones, but like the mafia ones.

PoonPosted: Wed. Dec 05, 2012

Never heard of this xD

K1dSlayerPosted: Wed. Dec 05, 2012

This had to happen the games are so basic that most people that learn basic coding could make them and they are not really fun after 3 months