Zynga (ZNGA) -20.4% to $2.24 following its bookings warning, which suggests paying users are...

|About: Zynga (ZNGA)|By:, SA News Editor

Zynga (ZNGA) -20.4% to $2.24 following its bookings warning, which suggests paying users are tiring of its mainstay "Ville" franchises in spite of attempts to keep things fresh. Controversial CEO Mark Pincus, who has seen a huge number of lieutenants depart in recent weeks, followed up by telling employees Zynga is planning "targeted cost reductions" (probably layoffs) and focusing on "strategic priorities" such as mobile and gambling titles.