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
Feature
48 minutes ago
Mobile Mavens: What do developers think of the Epic Games Store coming to mobile?
Feature
Mar 25th, 2024
5 takeaways from GDC 2024: The games industry reckons with key challenges, Godot competes with Unity, and AI was the big trend without the big announcements
Events
Mobidictum Network Lisbon April 2024 | Europe | Apr 16th |
HIT Games Conference Istanbul 2024 | Apr 18th | |
App Promotion Summit London | Europe | Apr 25th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Mobidictum Meetup Barcelona September 2024 | Europe | Sep 1st |
Popular Stories
Feature
Mar 25th, 2024