Did Zynga lay off 15% of its workforce to recoup the $527M investment in NaturalMotion? See https://news.ycombinator.com/item?id=7153709 https://news.ycombinato

Did Zynga lay off 15% of its workforce to recoup the $527M investment in NaturalMotion? See https://news.ycombinator.com/item?id=7153709 https://news.ycombinator.com/item?id=7153709 That article says they'll take a $17M charge this year on the lay off and then save about $33M/year. Discounted at 6% per annum that works out to $533M. See http://www.wolframalpha.com/input/?i=-17+%2B+Sum%5B33%2F1.06%5En%2C%7Bn%2C1%2Cinf%7D%5D http://www.wolframalpha.com/input/?i=-17+%2B+Sum%5B33%2F1.06... This article says Zynga has "about $1.2 billion in cash and marketable securities on hand." But a dailyfinance article suggests companies aren't really as cash rich as they seem; their money is locked up in offshore tax havens; they can't repatriate it without paying tax on it: http://www.dailyfinance.com/2011/07/25/why-are-rich-companies-laying-off-poor-workers/ http://www.dailyfinance.com/2011/07/25/why-are-rich-companie...