August 15, 2013

Zynga cuts senior roles in company

EO of Zynga Don Mattrick has announced the company are reducing layers of senior management by removing Chief Operations Officer David Ko, The Head of Human Resources Colleen McCreary and Chief Technology Officer Cadir Lee, in a major reshuffle of senior heads.

Mattrick who was appointed new CEO last month, replacing founder of Zynga Mark Pincus as the new boss and charged with helping to turn around the fortunes of the once great online social gaming company.

He has a giant task ahead of him with shares in Zynga sliding 71% since the company went public back in 2011.

Mattrick said in a statement “We are taking layers out of the executive rank to get senior leaders closer to important product initiatives.”

No comments:

Post a Comment