Buying The FarmVille

Zynga to Lay Off 520 Workers

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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.