Zynga's (ZNGA) New Game: 'Explain Something'
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Zynga (ZNGA) Announces 'Substantial' Cost Reductions; Updates Q2 Outlook
June 3, 2013 2:54 PM EDTZynga Inc. (Nasdaq: ZNGA) announced substantial cost reductions, including a workforce reduction and closure of various office locations that will result in an estimated $70 million to $80 million in pre-tax annualized cash expense savings.
As part of these initiatives, Zynga expects to complete a reduction in force of approximately 520 employees... More

