Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by gaius on Monday June 03, 2013 @03:02PM
(#5815132)
Whatever happens - Pincus will do alright for himself.
[ Parent
| on HN ]
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by gyardley on Monday June 03, 2013 @03:15PM
(#5815232)
He's already done alright for himself, because he was wise enough to take money off the table when he had the opportunity to do so.
What I don't understand is why he's still at it. This must be an enormously stressful time. Why wouldn't he take the rather impressive amount of money he's already made and just go enjoy his life?
Evidence, I suppose, that some of us are just wired differently.
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by roc on Monday June 03, 2013 @03:40PM
(#5815416)
> "This must be an enormously stressful time."
If he's already taken (a lot of) money off the table, what's there (for him) to be stressed about?
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by gyardley on Monday June 03, 2013 @03:54PM
(#5815496)
You might be different, but I've always found firing employees and/or not meeting expectations pretty stressful, no matter what my personal financial situation.
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by roc on Monday June 03, 2013 @04:48PM
(#5815904)
Well, I'd have had a hard time building an empire off copy/paste game development, spammy-to-fraudulent marketing schemes, encouraged social pressure/spam, an 'arcade' currency, and a pretty shameless twisting of game designs to really squeeze profit from that situation.
So I'm pretty sure the stress I'd personally feel isn't worth talking about.
Which is why I not-so-subtly reframed the assertion in terms of the person who is in that situation.
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by hexonexxon on Monday June 03, 2013 @06:54PM
(#5816619)
Because of greed. There is more money he can milk, severance if hes fired, and a huge salary. Not like being CEO is very difficult. You have underlings for everything all you do is say yes/no in meetings and play golf with other CEOs. You have hundreds of managers beneath you for delegating layoffs just send them an email to can half the staff and your days work is done, collect your giant bonus
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by gaius on Monday June 03, 2013 @03:29PM
(#5815327)
For certain values of "wise" and "opportunity", sure: https://news.ycombinator.com/item?id=5815128
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by zenith2037 on Monday June 03, 2013 @03:23PM
(#5815296)
Some captains refuse to leave their sinking ship.
Re:Zynga to Lay Off 520 Employees and shutter NY and LA Offices
by Helpful_Bunny on Monday June 03, 2013 @03:28PM
(#5815322)
Zynga might have some fairly tight contractual obligations to Facebook as part of being a preferred content maker on their platform.
Worth investigating, if you're interested in this business.