Menu

Search

  |   Technology

Menu

  |   Technology

Search

Angry Birds Developer Rovio Layoffs 213 Employees

Flickr

Rovio Entertainment Ltd., the Finland-based creator of the smash hit mobile app game Angry Birds, announced on Wednesday that they decided to dismiss up to 213 jobs after the end of their negotiations with employees last August 26 of this year. 

According to Reuters, the number of employees that will be downsized account to about 32 percent of Rovio’s workforce, most of which are from their headquarters’ in Finland. This excludes those who are part of the movie production in the U.S. and Canada.

TechCrunch reported that the layoffs are part of the restructuring in the company following the resignation of then CEO Mikael Hed in 2014 when the company profits went down by half. Rovio plans to pull out their book publishing and e-learning services. The company will refocus all resources on their key business areas including games, media, and consumer products.

Employees who are made redundant due to the reorganization will be provided with career support, Rovio had said.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.