Social casino operator Big Fish Games is swinging its layoff axe as the company deals with the fallout of a class action lawsuit by aggrieved players.

On Tuesday, the Seattle Times reported that the Seattle-based Big Fish had issued a memo to staff announcing that around 250 employees would be let go. The cuts are reportedly focused on local staff and represent more than one-third of the company’s overall payroll.

The memo attempted to head off concerns that the company was bleeding money by claiming that the layoff decision had been made from a position of “financial strength.” The company added that it needed “greater agility and different operating and creative capabilities” in order to “engage players more effectively today and invest more for the future.”

The memo also revealed some structural changes in the works, including moving to a single development studio model and consolidating “studio, social, and performance marketing into a single growth team.” The company also plans to “redirect more resources to efforts that directly benefit players and create business value.”