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BummerVille

BummerVille

‘Their Business Strategy Is Terrible:’ Fired Zynga Employee Takes to Reddit for Tell-All AMA

(Photo: Imgur)

It wasn’t long after Zynga announced it would be laying off 18 percent of its staff that fired employees began to speak to the press. But one enterprising ex-Zyngaite decided to circumvent the traditional media route by hosting his own AMA on Reddit.

“What do you want to know about Zynga?” wrote the poster under the handle former_zyngite. “I’ll try to be as honest and open as possible.” As proof of his identity, the poster included a photo of his layoff paperwork. Read More

BummerVille

As Dan Porter Departs, Former Zynga Folks Dish

draw-something1

You’ve got to wonder what employee happy hours are like in the legendarily intense environs of Zynga. (We’re gonna guess testy.) A couple days ago, the company announced the departure of New York GM Dan Porter, and former employees are already dishing to Fast Company. A lot of former Zynga staffers, it seems, are ready to trash talk the OMGPOP acquisition, which cost Zynga a $95.5 million write-down.

One former employee complained to Fast Company, “They bought it at the peak [of Draw Something], and people got tired of the gameplay quickly and the usership dropped. We got the timing wrong.” Read More

BummerVille

A Share of Zynga Is Now Worth Less Than a Shake Shack Milkshake

Plotting? (Photo: flickr.com/joi)

Zynga just closed at 3.06 per share. The good news? That’s not an all-time low, as it dipped below $3.00 in July. However, it’s hovering at dismal levels, compared to the schadenfreude-inspiring state of Facebook (19.15).

But let’s put that in real dollars, shall we? A single share of Zynga is now worth fewer American greenbacks than a Shake Shack milkshake ($5.00), a Sunday New York Times (also $5.00) and the Metrocard cost of a trip to Coney Island and back ($4.50).

$3.00 isn’t going to get you much in the way of virtual items, either.

However, it is still possible to assemble a decent meal off the Wendy’s 99-cent value menu for less than the cost of a share of Zynga, provided that you are not very hungry.