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Rovio lays off 110 staff from its Tampere, Finland studio

Rovio confirms it has laid off 110 employees from its studio in southern Finland, representing around 16% of its global workforce
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Dec 5, 2014 8:27 am

Rovio has announced that it is laying off 110 staff from its Tampere, Finland-based studio, and then closing the studio itself down. The developer of Angry Birds previously said it would lay off around 130 employees, but it has been able to lay off a little less, as it is opening up a few new positions.




This lay off of 110 employees represents around 16% of Rovio's global workforce, but the company isn't as powerful as it once was. Angry Birds was next to unstoppable, and while it might still be by branching out into different brands like Star Wars and Transformers, interest for the bird-flinging game is coming down.


Rovio's CEO, Mikael Hed, said in October: "We have been building our team on assumptions of faster growth than have materialized. It is never easy to consider changes like this, but it is better to do them sooner rather than later, when we are in a good place to reignite growth". Angry Birds still enjoys over 200 million active players every month (as of September), but this is down from the 263 million active players it had back in 2012.


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