Social game maker Zynga lost three executives this month, according to Bloomberg sources, which reports John Osvald, senior vice president of games, Nathan Etter, vice president of games and Jesse Janosov, vice president of Zynga's casino division, all resigned.
The departures were later confirmed by TechCrunch sources familiar with the matter. According to Etter's LinkedIn profile, the executive is now vice president of Disney Interactive at The Walt Disney Company.
Former president of Microsoft's Interactive Entertainment Business, Don Mattrick, left the software giant to take up position as Zynga's CEO earlier this month. At the time, Mattrick said Zynga needs to "develop more efficient processes and tighten up execution all across the company."
During an investor call last week, Mattrick outlined his initial 90-day plan for Zynga, which needs to "break some bad habits" and "get back to basics." According to Mattrick, the plan involves getting "under the hood to evaluate" the company's business and conducting "top-to-bottom business reviews and [work] with our leaders to calibrate against the market opportunity and to go after it with a real sense of urgency."
Last week, Zynga revealed its second quarter financial results, showing a $15.8 million loss for the three month period ended June 30. While the company drew in $213 million in revenue for the period, revenue for the quarter was down 31 percent year-over-year from the same period last year, where it pulled in $332 million.
Zynga declined to comment.