Angry Birds maker Rovio to cut third of workforce
[HELSINKI] Finland's Rovio, maker of hit mobile phone game Angry Birds, said on Wednesday it had decided to cut 213 jobs, or about 32 per cent of its total workforce.
Most of the job losses will be in Finland. The company had flagged the cuts in August, when it said it planned to slash up to 260 jobs, as it forecast flat sales and falling profits for the full year.
Rovio has failed to create new hit games since the 2009 launch of Angry Birds, the top paid mobile app of all time.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think