Angry Birds developer Rovio is cutting approximately 130 jobs from its Finland studio as part of a reorganisation that will “simplify” the company.
The restructure will effect 16% of the workforce and according to a company statement is being instigated due to slower growth than forecasted.
’We are an entrepreneurial company and have been exploring multiple areas. We have been building our team on assumptions of faster growth than have materialized,’ said Rovio chief executive Mikael Hed in a statement. ’At Rovio we have always been innovative and forward-looking, and to succeed we need to be the best at adapting to change.’
As Angry Birds as a franchise has grown so much, Rovio has found itself dabbling in several areas that traditional developers would not touch as a business. Hed explained that the company is now taking a closer look at the three business areas that it considers to have the most growth potential and is focusing on games, media and consumer products.
Yesterday, the cast for the upcoming Angry Birds feature film was announced and includes Peter Dinklage, Bill Hader, Danny McBride and Jason Sudeikis. The film is due for release in July 2016.
On the games front, the most recent title in the Angry Birds series, Angry Birds Transformers was soft launched in Finland at the end of September.
The restructure will effect 16% of the workforce and according to a company statement is being instigated due to slower growth than forecasted.
’We are an entrepreneurial company and have been exploring multiple areas. We have been building our team on assumptions of faster growth than have materialized,’ said Rovio chief executive Mikael Hed in a statement. ’At Rovio we have always been innovative and forward-looking, and to succeed we need to be the best at adapting to change.’
As Angry Birds as a franchise has grown so much, Rovio has found itself dabbling in several areas that traditional developers would not touch as a business. Hed explained that the company is now taking a closer look at the three business areas that it considers to have the most growth potential and is focusing on games, media and consumer products.
Yesterday, the cast for the upcoming Angry Birds feature film was announced and includes Peter Dinklage, Bill Hader, Danny McBride and Jason Sudeikis. The film is due for release in July 2016.
On the games front, the most recent title in the Angry Birds series, Angry Birds Transformers was soft launched in Finland at the end of September.
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