As a current zynga contractor who is losing his job there next Friday, I have to admit I have mixed feelings about this.
Firstly, I don't see the employees being let go as victims, most are getting 3 months severance. Secondly, I don't think there is any real evil going on by Zynga; they accidentally hired more people than they can afford, it sucks as I'm one of them, but I fundamentally agree with the notion of at-will employment in the US.
But I'm not Zynga's target audience, and that's okay. And there's a lot of sympathy for your point about the "spaminess."
However, going from spammy/over-monetizing to evil has always seemed a tad dramatic to me.