Zynga Closes Four Offices, More Layoffs Announced
In its continuing effort to cut costs, Zynga has announced that it will close four of its offices.
The company revealed it had shuttered offices in Baltimore, McKinney, and downtown Austin. According to the San Francisco Chronicle, the closings will result in the loss of around 30 jobs. This will reportedly account for around one percent of its current workforce.
Zynga explained the employees from the downtown Austin office will be moved to offices in Dallas and North Austin. The company also revealed that staff at its New York Office will be transplanted to its mobile studio.
CEO David Ko said in a recent statement:
“While these decisions are always difficult, these steps will affect approximately one percent of our workforce and enable us to focus our resources on the most significant growth opportunities.”
During his conversation with the folks at GameBeat, Ko explained that the company intended to focus on “franchises, network, and profitability.” In an effort do so, the CEO said some very tough choices would have to be made.
Should a franchise not perform to its standards, David Ko said the company could be faced with some very tough choices.
The CEO added:
“We’re looking at them across a number of different metrics. If they don’t meet our expectations after a reasonable period of time, we have to commit as an organization to making the tough decisions. Sometimes that includes closing games down, which we did. That puts us back to our focus as a company on delivering franchises.”
The Inquisitr previously reported that Zynga shut down Cityville 2, Party Friends, and The Friend Game earlier this month. The company also shuttered a number of underperforming titles towards the end of last year. Included in the list was Mafia Wars 2 and PetVille.
Are you a fan of Zynga? What do you think of the recent closings and layoffs?