By R.J. DeLuke
Palio Communications, the area’s largest communications and advertising firm, is closing its office on Broadway in Saratoga Springs and moving its headquarters to New York City.
Lori Goodale, corporate relations director for the company, said Palio will consolidate operations at its New York City headquarters and Los Angeles office.
The Saratoga Springs office will close in June, she said. Some staff will continue to work at Palio, relocating to New York City. Other staff will transition to other agencies inside inVentiv Health.
The company employed 108 people in Saratoga Springs at the end of 2014 when it reportedly finished the year with $31.7 million in revenue.
“The move to consolidate our Saratoga Springs office with our existing New York and Los Angeles hub locations is the latest chapter in Palio’s journey and supports the agency’s growth strategy,” said Goodale.