SeaWorld Parks and Entertainment announced that it will layoff 350 employees at its headquarters and 10 parks, including about 80 workers at its San Diego park.

The company released a statement saying the layoffs represent less than 2 percent of its peak workforce. During peak season, the company employs about 20,000 people in Florida, California, Texas, Virginia and Pennsylvania, according to the statement.

"This restructuring will allow us to operate more efficiently and better position us for long-term growth and independence," said Jim Atchison, President and Chief Executive Officer. "Our primary goal is to eliminate some of the duplication of responsibility that affects performance, innovation and our ability to execute quickly."

The company said it will notify laid off workers by the end of the week and  provide them with severance benefits.