ZyngaLogo 26 Feb

Zynga COO David Ko has issued an official statement explaining a rather widespread restructuring process the social game company is currently undergoing. “We are closing the McKinney, Texas and downtown Austin offices and relocating those teams near-by to our existing Dallas and North Austin offices” the statement read, in part. “we will be consolidating our NYC offices to move staff to our NYC mobile studio.”

“Today’s changes also include the decision to close the Baltimore studio.” Ko added, “We were able to relocate everyone in the Baltimore office who requested a transfer, and the overall impact of the consolidations on our team is minimal.” The layoffs will reportedly affect 1 percent of the company’s staff – or approximately 30 people.

“These changes will further enable us to focus our resources on our most strategic opportunities. We’re already working to execute on leveraging franchises to build the largest game network and be profitable on an adjusted EBITDA basis. We still have a lot of work to do, but I’m confident that we’re on the right path to deliver on the potential of Zynga.” Ko concluded.

This news of the Zynga Baltimore studio closing comes not long after the studio’s founder, Brian Reynolds, announced he had left the company.

(Sources: Zynga, CVG)

Report filed by Thomas Coutts