Dena 'axes 30 workers' at Ngmoco

Dena 'axes 30 workers' at Ngmoco

By Rob Crossley

February 9th 2012 at 3:43PM

Cut backs come after aggressive international expansion

Dena, the publicly traded social and mobile games giant, has laid off workers at its western subsidiary Ngmoco, the company has confirmed.

The redundancies come after Ngmoco underwent an aggressive expansion, opening a new facility in Europe and scaling up its US workforce.

The Japan headquartered Dena appears to have thought twice about the expansion operation after it posted unfavourable financial results.

Ngmoco didn't directly confirm how many workers were let go. Sources told Inside Mobile Apps that 30 was a ballpark figure.