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FEATURED VOXPOP whytenoiz ~~        When I was eleven years old, it was a very good year, and I can remember my daily routine vividly. These were the years before I owned a Sony Playstation, and I used to venture to my friends house - everyday after school - to watch him play through Final...

GAMING NEWS

Zynga CEO Volunteers To Cut Own Salary To $1

Posted on Friday, April 5 @ 08:40:53 Eastern by Keri_Honea
Believe it or not, Zynga CEO Mark Pincus has volunteered to cut his annual salary down to a mere $1. Before you accuse him of raking in millions in yearly bonsuses, he's asked to be exempt from all bonuses and equity awards.


Why is he doing this? He's cutting his own pay so his officers will not have to have a cut in their pay, and such a drastic reduction should help their plummeting stock prices.

It may be a desperate attempt at turning things around at Zynga, especially after the mass exodus of higher-ups the company has experienced over the last several months. However, this generous gesture coupled along with Zynga's launch of gambling games in the United Kingdom could be enough to get the company back on top.

[Source]
Tags:   zynga
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