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GAMING NEWS

Zynga Closing Baltimore Studio And Consolidating Other Offices

Posted on Monday, February 25 @ 10:01:59 Eastern by Keri_Honea


Zynga's Chief Operating Officer, David Ko, announced today on the Zynga blog that the company is still going through its massive restructuring process. As a result, they are closing the studio in Baltimore. He did point out that they were able to relocate everyone who requested so, but sadly, those who can't leave Baltimore for one reason or another are jobless.

In addition, Zynga is relocating everyone in their McKinney and Austin, TX offices to the offices in Dallas and North Austin. They are also consolidating all of their New York offices into their mobile office.

"These changes will further enable us to focus our resources on our most strategic opportunities," Ko explained. "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."

For the employees' sake, hopefully this is the last of the closures for awhile. There's been far too many this year already.
Tags:   zynga


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Comments
  • oblivion437
    oblivion437

    Joined: Nov 2006
    Posted: Feb 25th, 2013 at 11:00 am
    A dog is shaking off an overgrown flea. More will come but this one is dying now and there is cause for celebration in that.
  • OdiousLupous
    OdiousLupous

    Joined: Jul 2011
    Posted: Feb 25th, 2013 at 2:28 pm
    Cutting off the many heads of the Hydra and burning the stumps before they regrow. Unfortunate for the employees tho, seems restructuring means closings all around.
  • oblivion437
    oblivion437

    Joined: Nov 2006
    Posted: Feb 25th, 2013 at 6:31 pm
    Once it's gone a new beast, similar to the old one, will come crawling up out of the sewer. It will likely be more efficient, more cunning and more ruthless than the one displaced. The only thing more deleterious than a leaner, meaner Zynga would be one run by people fully aware that they are engaged in a pump-and-dump scheme.

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