Zynga cuts 5 percent of work force, shutters 13 games

The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San FranciscoSAN FRANCISCO (Reuters) – Zynga Inc on Tuesday said it is closing its offices in Boston, has cut 5 percent of its full-time work force and will "sunset" 13 older games. The company provided Reuters with a copy of a memo to employees in which it announced the news, which came a day before the struggling game-maker was due to report third-quarter earnings. CEO Mark Pincus said Zynga would "sunset" 13 older games and significantly pull back its investment in "The Ville" game – a major recent initiative – as it sought to cut costs. …

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