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DeNA restructuring leads to Ngmoco layoffs
DeNA restructuring leads to Ngmoco layoffs
February 9, 2012 | By Mike Rose

Newsbrief: Mobile developer Ngmoco confirmed today that there has been a number of layoffs in the company as part of a corporate restructuring in parent company DeNA.

DeNA bought Ngmoco back in 2010 for $400 million. While the company has not stated a specific figure for the layoffs, Inside Mobile Apps reports that the number is "around 30."

These layoffs come as DeNA posted a drop in profits year-over-year for its third quarter, putting it down to a "temporary setback" in virtual currency consumption.

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