Zynga laying off 18% of its employees

Zynga, the massively popular development studio behind Farmville, Words with Friends, and other mobile gaming hits, is cutting back almost a fifth of its employees in an effort to cut $100 million in costs.

The news comes from the company's new CEO, who added that they will be focusing their efforts on only four genres of mobile gaming (Action Strategy, Social Casino, Invest & Express, and Casual Racing), down from the company's previous six.

Image copyright Zynga