Zynga to Lay Off 364 People, Close Orlando Office as Part of Cost Reduction Plan

As Zynga works to reduce costs, the developer will create less games and move away from specific genres.

Zynga-Logo

Mobile and social game company Zynga today announced its Q1 2015 financial results, which saw the developer generating $167.4 million in bookings, outperforming the high end of its Q1 2015 outlook. With the company’s continued transition to mobile devices (and away from Facebook), mobile bookings accounted for 63 percent of Zynga’s total in the quarter, up 84 percent year over year.

Many numbers were up quarter over quarter, but down year over year. In Q1 2015, Zynga had 25 million daily active users (DAU), up from 24 million in Q4 2014, but down from 28 million in Q1 2014.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in