RockYou has been in the habit of acquiring social, web, and mobile games from publishers who would otherwise shut them down. But today, the company is confirming that it is laying off 23 people, or about 10 percent of its U.S. work force.
Gamasutra, which first reported the news, quoted chief executive of RockYou Lisa Marino as saying in an email, “We also initiated other cost-cutting initiatives, as expenses were growing more quickly than was healthy for the business so we adjusted. Revenue is at a record high for Q4 and 2015 revenue is 2x 2014’s, but given our model, expense discipline and profitability metrics are most important.”
Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks.
Join now →
Sign in to your account.