Angry Birds maker Rovio cuts jobs by 16%

Angry Birds maker Rovio cuts jobs by 16%

Mobile game developer Rovio Entertainment has said it plans to cut some 16% of its workforce amid signs that its Angry Birds game is losing some of its lustre.

CEO Mikael Hed said in a statement that Rovio expects to cut up to 130 jobs in Finland as the company had been building its team on assumptions of “faster growth than have materialised”.

The Espoo-based company currently has about 800 employees.

Privately owned Rovio has grown by double-digit numbers following the 2009 launch of Angry Birds and the wide-ranging merchandise that followed.

However, its earnings growth has stalled in the past year as industry reports suggest Angry Birds has lost some of its popularity.

Rovio estimates more than 200 million people play Angry Birds.

More in this Section

Cineworld bosses defer pay after all cinemas closed across globeCineworld bosses defer pay after all cinemas closed across globe

Dublin business activity drops to seven-year lowDublin business activity drops to seven-year low

INM temporarily lay off 90 commercial staffINM temporarily lay off 90 commercial staff

Irish supermarkets ring up record sales of €2.8bn during Covid-19 crisisIrish supermarkets ring up record sales of €2.8bn during Covid-19 crisis


Lifestyle

Easy and cost-effective ways you can spruce up your home. By Carol O’CallaghanStaying in is the new going out: Easy and cost-effective ways to spruce up your home

Need a funny, hopeful read? Hannah Stephenson rounds up the best.10 uplifting books to cheer you up on dark days

Esther N McCarthy put the call out to Irish crafters and grafters this week. Let's support our local makers, all of these are available onlineWish List: Supporting Irish crafters selling online

Shane Johnson takes a look (and listen) at two recent electronic full-lengths.Album reviews: Wajatta and Takeleave provide beats and pieces

More From The Irish Examiner