Ex–Zynga Employees Tell All on Reddit
Sam Biddle over at Valleywag pointed out the thread Wednesday. The former employees are talking about everything from perks at Zynga to just how long they give the company before it tanks.
Some benefits at the gaming company consisted of free food and free gym access, and for some employees, their smartphone and wireless service also came paid for. There also used to be themed happy hours every week, said Reddit user "another_ex_zyngite." But the party didn't last long, he said.
The gaming site plans to layoff 18 percent of its workforce and shut several offices. Dan Primack, Fortune senior editor, and Arik Hesseldahl, senior editor, All Things Digital, discuss what Zynga needs to do to make more money.
"Crazy things like setting up the entire dining area to look like a mini San Francisco (Golden Gate and everything) and then bringing in food vendors to serve pretty good local SF food. Eventually they cut it down to once a month and they were much more cheaply done. The non-themed happy hours would start involving food like overcooked chicken skewers and chips with spinach dip," another_ex_zyngite said.
Another perk the employees did not get was unlimited access to Zynga games, said Reddit user "former_zyngite."
One user asked what percent of users actually paid real money in Zynga games.
Former_zyngite said that it depended on the game, but it was probably 5 percent or less of players. He added: "The big games deal in Millions of DAU (Daily Average Users). If 3 million users pay an average of $0.20 you're getting $600k a day! That's huge numbers!!"
Reddit user LeMane asked how much longer the ex–Zynga employees thought the company would be around.
"Hard to say. At this rate, I'd give them another 2 to 3 years. They make money and have a lot in the bank. But they also throw away money like you wouldn't believe. If they actually manage to change their strategy and start putting out some big hits, they could be around a lot longer," former_zyngite said.
"I'd give them 10-1. The CEO is hellbent on believing that their current course is the correct course," he added.