Rovio Entertainment Ltd., the Finland-based creator of the smash hit mobile app game Angry Birds, announced on Wednesday that they decided to dismiss up to 213 jobs after the end of their negotiations with employees last August 26 of this year.
According to Reuters, the number of employees that will be downsized account to about 32 percent of Rovio’s workforce, most of which are from their headquarters’ in Finland. This excludes those who are part of the movie production in the U.S. and Canada.
TechCrunch reported that the layoffs are part of the restructuring in the company following the resignation of then CEO Mikael Hed in 2014 when the company profits went down by half. Rovio plans to pull out their book publishing and e-learning services. The company will refocus all resources on their key business areas including games, media, and consumer products.
Employees who are made redundant due to the reorganization will be provided with career support, Rovio had said.


TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Instagram Outage Disrupts Thousands of U.S. Users
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 



