work ethic

Jun 22, 2013 01:26


On June 3rd, Zynga laid off 520 employees. (Coincidentally, that same day, LinkedIn sent me an automated email that Zynga was looking for a senior game designer in my city, though that posting has since been removed.)

Ramin Shokrizade - someone who’s built a small name for himself over the last decade studying monetization plans and virtual ( Read more... )

philosophy

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terrycloth June 22 2013, 18:05:05 UTC
The investment logic doesn't really seem to work. First of all, if another company's stock drops because the investors were selling it to invest in Zynga, it shouldn't have any effect on their immediate operating budget -- they already got the money for selling the stock. It makes it harder for them to sell more and harder for them to retain employees enticed by stock options, but it shouldn't force layoffs unless they were already in trouble.

Second, if Zynga is making a profit then the investors get the money back and can re-invest in the other companies.

Saying it's unethical to work there because their business model is exploitive of the consumers is fine, saying it's unethical because they're overpaying employees, and that employees should feel bad because they're getting paid so much, is just stupid.

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quarrel June 27 2013, 07:18:56 UTC
Second, if Zynga is making a profit then the investors get the money back and can re-invest in the other companies.

The guy also claims it was obvious that Zynga's promises of continued immense profitability were fantastical and inflated, thus anyone pondering a job there ought to have known this outcome was not possible.

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