The article placed on Huayu forum is correct.
There is a major retrenchment in the top management of Ren Ren games.
RenRen is a public listed (Nasdaq) social network company.
Recently they changed their top management for the gaming side and retrenched lots of people.
The push was to cut down on the number of people maintaining existing games to push for R&D for new games.
http://wan.renren.com/bbs/thread-867275-1-2.html
And of course in China, they do not have any governing retrenchment policies, hence they just retrench without much compensation and hence created some news.
It was also noted that RenRen used techniques in Apple iTunes to ensure that their new product will come top grossing everytime it came online. Now, Apple had since removed almost 80% of RenRen games in iTunes.
http://wan.renren.com/bbs/thread-867279-1-2.html
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