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Zynga’s Mark Pincus sits pretty while his company looks desperate

Tuesday, October 23, 2012

Not only has San Francisco-based Zynga’s stock fallen off a cliff since shortly after CEO Mark Pincus cashed out to the tune of about $200 million, but the company apparently can’t even do layoffs without looking bush league. SF Business Times says Zynga cleared out 150 staffers from offices in Austin and Boston—then announced the layoffs during Apple’s iPad Mini release today, giving the appearance, at least, of trying to hide in the news shadows.

And, oh, at least one report says those let go were given just two hours to clear out.
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