1. Buying The FarmVille

    Zynga to Lay Off 520 Workers

    SAN FRANCISCO, CA - DECEMBER 09:  The Zynga logo is displayed on the front of the company's former headquarters on December 9, 2011 in San Francisco, California.  San Francisco based social games company Zynga is preparing for its initial public offering and hopes to raise as much as $1.15 billion. (Photo by Justin Sullivan/Getty Images)

    Justin Sullivan/Getty

    About 520 employees at Zynga, the social-gaming company that owns FarmVille and other properties, can expect a pink slip by August. Zynga will also close its offices in New York, Los Angeles, Austin, and Dallas. By laying off 18 percent of its workforce and shuttering offices, Zynga expects to save roughly $80 million. The company has struggled to make the shift to mobile platforms and away from web-based games, where it initially flourished.



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