Fri, Feb 27, 2015, 1:56 AM EST - U.S. Markets open in 7 hrs 34 mins

Recent

% | $
Quotes you view appear here for quick access.

Zynga, Inc. Message Board

  • blueskydriving blueskydriving Jun 17, 2013 10:06 PM Flag

    The Termination Process and buy now.

     

    So, let's talk about the termination process for a large company closing down offices and letting go hundreds of college educated engineers and business professionals. Engineers and business professionals that have been highly motivated with stock options. When terminated, these individuals become 100% vested ... meaning all their options promised over future years become theirs. However, to get your options and severance pay you must sign statements! Statements saying that you will not share secrets ... statements that say you will not go onto a blog site and vent about your past employer. These "statements" for 520 individuals take time and negotiation. For your consideration:
    1) Zynga made the announcement early to allow time for office closures and staff reductions before the end of the quarter. This puts the expense almost entirely in this quarter.
    2) During this 18% staff reduction, a lower shareprice benefits everyone involved. Zynga has a lower writedown. The terminated employee has a lower tax burden and greater potential gains during any subsequent shareprice recovery. And, Zynga can buyback shares during the temporary discount.
    3) During previous announced staff cuts (cost savings), Zynga's shareprice has performed well. But, this cut is significantly larger in size and scope. This seems very planned out and executed to me.
    4) Zynga has been too quiet lately.

    When the offices are closed and the statements are gathered, Zynga will make news. Zynga will launch on Facebook and mobile in the UK ... Zynga will announce Farmeville 2 and Running with Friends on Android ... Zynga will announce US real money gaming plans ... and, the shareprice will rise ... and, our recently laid off employees will benefit ... and, if we "bought more" and did not sell, we will benefit as well ... glta

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ZNGA
2.31-0.02(-0.86%)Feb 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.