Wouldn't it be really funny if Don Mattrick returned to Microsoft. That would be funny.
Being a CEO seems kind of awesome. No matter how much you suck or get let go, someone will always still hire you and pay you a shit ton.
lol no chance of that unless Yves quits and sells out.Ubisoft first.
Zynga was basically dead before he took over. It would have been an impressive achievement if he had actually turned it around. I don't know if it means that much that he failed to do so.
Was he? I thought none of his changes had really achieved anything.
Falling revenues, rising losses, a failure to diversify their platforms, and increasing employee turnover. Mattrick only had two years, and he got onboard a sinking ship, but the trajectory doesn't seem to have reversed as they had hoped.Mr. Mattrick, a longtime Electronic Arts executive who later ran Microsofts Xbox business, reoriented the company toward mobile and reduced its reliance on Facebook. Still, 51 percent of the companys revenue last year came from Facebook games, according to company filings.
Games are a hit-driven business, and Zynga titles in recent years were never able to capture the cachet of games from mobile-centered companies, like Candy Crush Saga from King.com and Clash of Clans by Supercell.
The companys finances continued to worsen under Mr. Mattrick. Revenue last year was $690 million, down from $1.28 billion in 2012, the year before Mr. Mattrick took over. The companys net loss rose to $226 million last year from $209 million in 2012.
As growth slowed at Zynga, and the tech job market around it in San Francisco boomed, the company has struggled to hold onto talent. At the end of last year, about 42 percent of the company had been with Zynga for less than a year and 55 percent for less than two years. We have experienced significant turnover in our head count over the last year, which has placed and will continue to place significant demands on our management and our operational, financial and technological infrastructure, the company said in a filing.
He was spear heading the dumping of Facebook and moving to mobile, which is where their recent successes have been.
Did a quick google search on the news.
Falling revenues, rising losses, a failure to diversify their platforms, and increasing employee turnover. Mattrick only had two years, and he got onboard a sinking ship, but the trajectory doesn't seem to have reversed as they had hoped.
And some awful board will hire him for another CEO position. Falling upwards yet again.
So he took control of the Titanic only to hit another iceberg pretty much?Falling revenues, rising losses, a failure to diversify their platforms, and increasing employee turnover. Mattrick only had two years, and he got onboard a sinking ship, but the trajectory doesn't seem to have reversed as they had hoped.
A trained chimp would have made the same transition.
If I were him and had the money and a house like this, I'd never work and just stay at home all day.
Mattrick's entire tenure at Microsoft was just leeching off a past legacy and dismantling the foundation his predecessors had built. MS had no first party and the Bone was designed by TV shills like Yusuf Mehdi by the time he was done.
Wow, is Don Mattrick that bad?
First Microsoft, then Zynga?
He actually recently sold that house for $51 million http://www.cbc.ca/news/canada/british-columbia/vancouver-mansion-sells-for-more-than-51m-1.2989272
Well, the real news here (not that GAF will catch it) is that Pincus was the old CEO and his failures were worse than Mattrick's. He's the reason the company is where it is.
So he took control of the Titanic only to hit another iceberg pretty much?
True.
But I think this dumping of Mattrick is totally justified.
Don Mattrick always seemed like a nice and genuine guy to me, but looks like people still attach some sort of stigma to him.
makes me laugh...
Don Mattrick always seemed like a nice and genuine guy to me, but looks like people still attach some sort of stigma to him.
If I were him and had the money and a house like this, I'd never work and just stay at home all day.
Guy doesn't seem to do anything right but keeps getting paid enough to feed an entire continent.
Current CEO Don Mattrick will leave Zynga immediately and also will step down from its board. In a press release, he said he was moving back to his native Canada.
Wow. If that ain't fired, what is? That thing about Canada kills me for some reason.