Wednesday, August 26, 2015

Rovio announces more layoffs in effort to focus on games

The decline of Angry Birds maker Rovio continues, as today the game developer announced another set of layoffs, with plans for up to 260 job cuts totalling more than 30 percent of the studio's workforce. According to the company, the decision was made so that it could "restructure and concentrate" on its core business of "games, media, and consumer products."

The Finnish game developer said something similar last October, when it announced the layoffs of up to 130 employees amid slow growth and declining revenue. The current round of layoffs will apply companywide, excluding those employees working on the upcoming Angry Birds animated movie, which is due to hit theaters next year.

"We did too many things."

"Fundamental changes are...

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