Zynga Shuts Down PetVille, Mafia Wars 2 and More for Cost Cutting
Published on:
Dec/31/2012
It’s curtains for 11 Zynga titles as the publicly traded social media company is looking to cut costs.
The casualties include PetVille, Mafia Wars 2, Fishville and Indiana Jones Adventure World.
Late this year, Zynga announced it will focus more heavily on real money online poker during the early part of 2013 ahead of inevitable legislation in the USA.
The company also announced it was slashing 5 percent of its full-time workforce while shutting down its Japan office.
Zynga’s stock was up 2.36 percent during mid-morning trading on the NASDAQ. The company is down more than 75 percent on the year thus far though.
- Aaron Goldstein, Gambling911.com
