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Angry Birds developer flings more jobs out of the window

Rovio Entertainment lays off another 260 employees
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Aug 27, 2015 2:31 am

It was only late last year that Rovio Entertainment laid off 110 staff, with the Angry Birds developer laying off another 260 employees as it tries to be a smaller, more profitable studio.

 

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Rovio CEO Pekka Rantala said that the company was too quick to "explore new business opportunities" as it attempted to do "too many things" at once. Rovio's profits continue to fall, so the layoffs are a quick and easy way of pulling themselves out of the mess. All the while the Sony-made Angry Birds movie, with the layoffs only affecting every area but the movie side of things.

NEWS SOURCES:Engadget.com

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