Zynga loses three top executives in one month - Report

Three top executives reported to have exited Zynga in the last month, reports Bloomberg.

Social gaming giant Zynga has lost three of its top executives in a single month, according to a new report on Bloomberg.

The three departures have not been made public, reports Bloomberg, but are said to include senior vice president John Osvald, casino division vice president Jesse Janosov, and vice president Nathan Etter.

The trio of reported exits follow the start of Don Mattrick's career at the company as Zynga's CEO. Mattrick joined Zynga earlier this month, and is set to earn $40 million over the next three years.

Last week Zynga announced a $15.8M loss for the second quarter of 2013, while daily users of its social games have fallen by 45 per cent over the last 12 months.

"Getting a business back on track isn’t easy and isn’t quick," said Mattrick in response to company's financials. "We have a lot of hard work in front of us but I believe we can succeed as a team and Zynga can do this."

"There‘s no denying we’re not where we want to be. We’ve not met our investors’ expectations, we’ve not met our own expectations, and most importantly, we’ve not met our players’ expectations."

"But there’s also no denying that we have what it takes to get back to winning."

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martingaston

Martin Gaston

Hi! I'm Martin, for some reason or another I have managed to convince the people who run GameSpot that I am actually wor
233 comments
WskerFan
WskerFan

this is Don Matrik's first step to destroying Zynga! what an evil person he is

jark888
jark888

Gaming forums has become popular places for bitching comments lately.

Jycklarn
Jycklarn

Mattrick job really is to ruin companies appearently


Gegglington
Gegglington

do you think mattrick gets spat on a daily basis? id like to tar n feather the fucker 

Andy Conway
Andy Conway

isnt the guy on the right the dude who ruined xbox one?

blue_shift_91
blue_shift_91

wasn't this the, ohhhh i don't know....original intention? shave off a few people to buy mattrick? typically, executives don't just leave their cushy jobs because they're peeved about things.

thermalmotion
thermalmotion

Zynga's next venture should involve tending to and plucking Don's anal tufts. Now THAT'd bring in the big bucks.

MVan86
MVan86

Mattrick joins his obsession Zynga, Zynga execs run for the exits...

Why am I not surprised?

Dreamcast86
Dreamcast86

Fortunately we already have a company for people like Don Mattrick, it`s called Zynga.

Wattsburg0
Wattsburg0

They need to make a game where you are a rat and you have to navigate it through a few mazes to get off of a sinking ship.

akozar
akozar

'Abandon ship! Man the lifeboats before it's too late!'

ddt88
ddt88

Quick Mattrick is coming.... everyone out!

pupi0828
pupi0828

Maybe Mattrick salary can only be paid in exchange of 3 other big dogs' head? :)

Syph26
Syph26

A horrible person for CEO of a horrible company. Great match. Hope they go down faster than a hooker with a quota.

Yagami-san
Yagami-san

Free to play games should stop overpricing their in game micro transactions. That's the only way they will survive the long term.

xcollector
xcollector

He believes they can "succeed as a team" when the team is leaving to make room for him.

zintarr
zintarr

Take your golden parachute and run.

kutulu1
kutulu1

Well, they are in this mess because of the old staff. It was bound to happen.

MrOrbitz
MrOrbitz

They probably saw Mattrick coming and said "F@CK THIS! WE OUT!"

Flinty_01
Flinty_01

Maybe the first the thing he could do is reduce his own paycheck to a sensible number and actually HELP rather than taking a shovel and joining in with the financial department in digging the company's grave!!

DeanoFantasy
DeanoFantasy

After the Xbox One controversy Mattrick leaves (Gets the sack) from the 'soft' company and now I hear this news.. lol who seriously gives a f**k! NEXT!

Thanatos2k
Thanatos2k

But they gained Mattrick!  Clearly he makes up for it!

dkslade
dkslade

Bankruptcyville, A new game where you are the CEO of a gaming company and have 3 years to save it.

surrealme
surrealme

Lost or got rid of? Seems to me Zynga was ripe for some house cleaning.

Zloth2
Zloth2

Aww man, after reading about Logan's Run I saw the picture for this story and thought for a second that we might be getting a Time Tunnel game, too!

hadlee73
hadlee73

Mattrick couldn't understand why they all walked out after he promised a substantial funds injection from the King of Nigeria.

Dave MacPhail
Dave MacPhail

Would you want to work with him? the only possible worse thing i can think of is working for or with Bobby Kotick

VarHyid
VarHyid

Yes, Don, fire them... before they fire you.

Diegoctba
Diegoctba

Zynga’s financial situation is so dire that they can only pay Don Mattrick with Farmville coins

DWalker131
DWalker131

@MrOrbitz oh $hit he sunk xbox, now he's coming fom zynga, abandon ship abandon ship !! lol