The decision was part of an "overall cost reduction plan", Mr Pincus wrote.

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This is the most painful part of an overall cost reduction plan that also includes significant cuts in spending on data hosting, advertising and outside services, primarily contractors.

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In an email to staff in October 2012, Zynga founder Mark Pincus said the company would close its Boston studio and consider closing studios in the UK and Japan as part of an "overall cost reduction plan".

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Anyway, back on January 25 the company announced that it launch a cost-reduction plan in attempt to become more profitable.

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The core of the Republican Medicare cost-reduction bill is Medicare Plus, a plan offering seniors a range of managed care plans, or HMO's, from which to choose.

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Anything that would cost serious money, and disrupt his deficit-reduction plan, was ruled out.

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However, without cost shifting as an expense reduction tactic, the Republican plan is completely useless.

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The buyout plan will account for much of the cost reduction.

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The company also announced a cost-cutting plan that will include an 18%-20% staff reduction.

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