Zynga Confirms It Will Close Its Japan Operation At The End Of January As Consolidation Continues To Bite The Social Gaming Company

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http://techcrunch.com – Social gaming giant Zynga has now confirmed that it will be closing down its Japan operation, as it continues to consolidate its operations and cut less profitable parts of its business. The spectre of pulling out of that market was first raised in October when the company laid off 5% of its employees. Today, the CEO of the Japan operation, Kenji Matsubara, posted the news confirming the closure, (ironically) on Facebook, the social network that has been so closely tied to Zynga’s rise and fall. No direct reason for the closure is given but it is likely linked to poor sales for its games (IT news)