informa
/
1 MIN READ
News

Zynga doles out stocks to keep employees from leaving - report

Zynga might not seem like the most attractive place to work at right now, but sources say the company is looking to ensure employees don't jump ship by handing out stock options to all full-timers.
Zynga might not seem like the most attractive place to work right now considering its recent turmoil, but sources say the company is looking to ensure employees don't jump ship by handing out stock options to all full-timers. It's an unprecedented move for the developer, as it's given out stock options to workers before but never to all full-time employees, a source close to the matter told Bloomberg. The report comes a couple of weeks after Zynga's stock plummetted, when the social game company's admitted that its revenues for the quarter fell well below Wall Street's estimates. Its share price has languished at around $3 since, a far cry from the $10 the stock initially opened at when Zynga went public last December. Along with its financial troubles, the company has recently suffered the departure of COO John Schappert, a number of class action lawsuits from investors, and a copyright infringement suit from Electronic Arts.

Latest Jobs

Cryptic Studios

Remote
1.19.23
Senior Producer

Night School Studio

Los Angeles, CA, USA
1.09.23
Level Designer / Scripter, Games Studio

Fast Travel Games

Hybrid (Stockholm, Sweden)
1.09.23
Social Media / Community Manager
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more