Zynga to see more layoffs, office closures

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Social gaming company Zynga, which has been struggling for some time now, has said that they will be closing down more offices and laying off a few more staff in an attempt at consolidating its real estate holdings.

One of the company’s offices in New York, two in Texas and one in Baltimore are on the chopping block but not all of the staff have their positions endangered. Only the Baltimore office will see layoffs, with around 30 staff being made redundant, while the remainder of that location’s staff will be relocated. The other closing locations will have their staff complements relocated nearby.

Zynga COO David Ko said in a statement “In an effort to leverage resources as we focus on creating franchises and driving profitability, Zynga has made changes to four of our U.S. offices. We are closing the McKinney, Texas, and downtown Austin offices and relocating those teams nearby to our existing Dallas and North Austin offices. And, we will be consolidating our NYC offices to move staff to our NYC mobile studio.”

“While these decisions are always difficult, these steps will affect approximately 1 percent of our workforce and enable us to focus our resources on the most significant growth opportunities”

Source: AllThingsD

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