Adding to what's been a tempestuous year for Tapjoy - ex-EA CFO Warren C. Jenson and Jeff Drobick having joined the firm - the company has just announced a major round of layoffs.
Although Tapjoy isn't disclosing the exact number of employees it's letting go, the number is sitting at a reported 20 - which is almost 10 percent of its total headcount.
Taking the axe
Speaking on the restructuring, Tapjoy's vice president of global communications, Patrick Seybold, noted that there "have been some reductions across the company" that were made to "better align our organisation with our business plan and strategic direction."
Ultimately, Seybold and Tapjoy both feel that the moves will "make us more competitive, productive and will enhance our ability to bring innovative products to market."
"The changes are intended to address velocity of getting products to market, product quality and scaling the company's core infrastructure for continued growth," concluded Seybold.
This news follows closely on the heels of Zynga's rather larger downsizing exercise that will see 520 employees - or 18 percent of its workfoce - laid off, as well the reported shuttering of OMGPOP, the studio behind Draw Something.
[source: TechCrunch]
News
US Correspondent
Representing the former colonies, Matt keeps the Pocket Gamer news feed updated when sleepy Europeans are sleeping. As a frustrated journalist, diehard gamer and recovering MMO addict, this is pretty much his dream job.
Related Articles
Top Stories
News
2 hours, 42 minutes ago
Google hit by £13.6 billion lawsuit over alleged "self-preferencing" and anticompetitive behaviour
News
3 hours, 27 minutes ago
Star Wars: Hunters ranked No. 1 for App Store game downloads in the US, UK and Canada on launch day
News
5 hours, 12 minutes ago
Why Dlala Studios pitches its next game at least 18 months before finishing development
Feature
6 hours, 42 minutes ago
Hot Five: Squad Busters’ supercharged launch, Pokémon’s record revenue, and Star Wars: Hunters finally hits the target
News
Jun 7th, 2024
Week in Views - The hunt for the new Star Wars game, Xbox goes handheld, and cats versus monsters…
Events
Tribeca Games Festival 2024 | North America | Jun 5th |
Steam Next Fest: June 2024 Edition | Jun 10th | |
WN Conference Istanbul 2024 | Jun 11th | |
GamesForum Hamburg 2024 | Europe | Jun 11th |
ESI London 2024 | Europe | Jun 13th |
Game Con Canada (GCC) 2024 | North America | Jun 14th |
Indie Dev Play 2024 | Europe | Jun 14th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |