VSCO, the company behind popular film emulations tools and a photography app, has confirmed reports that its New York office has been shut down and the employees working there have been laid off. VSCO claims that the closure doesn't hint at business troubles, however. Rather, the move is an effort to centralize the company's workforce at its Oakland, California headquarters.

Reports of the closure began surfacing early this morning, and have since been confirmed by the company to TechCrunch, which states some New York employees were given the option of transferring to the Oakland office. VSCO did not reveal how many employees worked at the New York office. The Open Studio workspace formerly located at the NYC office will likewise be relocated to Oakland.

Via: TechCrunch