Zynga / Acquisition and layoffs

While Zynga is adding staff with the acquisition of NaturalMotion, it’s cutting employees in other parts of the company. The layoffs come with a 15 percent workforce and cost reduction plan that is expected to save the company as much as $35 million but will impact up to 314 employees. This comes after a massive layoff of 520 workers last June and continuing executive shake-ups.

Chosen excerpts by Job Market Monitor. Read the whole story at Zynga announces NaturalMotion acquisition alongside layoffs | Internet & Media – CNET News.