Zynga says it plans to cut 5% of workforce

• First-ever round of layoffs at Zynga
• Also plans to get rid of 13 older games
• Game company expects to post a third-quarter loss

PORTLAND, Ore. — Online game company Zynga is eliminating games, studios and jobs in a bid to cut costs.

The maker of social-media games including FarmVille and Texas HoldEm Poker said Tuesday that it will cut about 5% of its full-time workforce. It's the first-ever round of layoffs at Zynga, which is based in San Francisco and has about 3,200 employees.

Zynga also said it will get rid of 13 older games and reduce its investment in the game The Ville. It will close its studio in Boston and may close studios in Japan and the U.K. It runs 18 studios worldwide.

Its slumping stock rose more than 3% in after-market trading following the announcement, which came a day ahead of Zynga's third-quarter earnings report.

The stock also likely got a boost from a better-than-expected earnings report Tuesday by Facebook. Zynga is by far the No. 1 gaming company on Facebook.

Zynga said earlier this month that it expected to post a third-quarter loss due to weak demand for some of its titles. It said its revenues would likely be nearly flat compared with the same period last year.

The company also previously announced that it would adopt some broad cost-cutting measures to help improve its performance.

CEO Mark Pincus said that the job cuts were the most painful part of the overall cost-reduction plan, which also includes significant cuts in spending on data hosting, advertising and use of contractors.