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ANGRY BIRD MAKERS ANNOUNCE JOB CUTS

naijalog by naijalog
October 2, 2014
in Technology
Reading Time: 1 min read
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ANGRY BIRD MAKERS ANNOUNCE JOB CUTS
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Angry Birds maker Rovio announced it will cut as many as 130 jobs, more than one month after detailing a change in leadership at the mobile game developer.

In a statement released Thursday, Rovio CEO Mikael Hed says the cuts will represent about 16% of the company’s workforce.

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“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,” says Hed.

Hed also says Rovio will streamline to focus on three key parts of their business: games, media and consumer products.

In late August, Hed announced he would step down as Rovio CEO to lead the company’s animation studios that handle Angry Birds movies and animated programming. Nokia veteran Pekka Rantala will take over as Rovio CEO on January 1, 2015.

Rovio launched Angry Birds for Apple’s iOS devices in 2009, and it became one of the early blockbuster video games of the smartphone era. The franchise has topped more than 2 billion downloads of its games. However, Angry Birds has been overshadowed by newer hit titles including Candy Crush Saga and — most recently — Kim Kardashian: Hollywood.

Meanwhile, the company is pressing forward with an Angry Birds animated film slated to launch in summer 2016. Rovio announced the movie’s voice cast, which includes Jason Sudeikis, Josh Gad, Maya Rudolph and Peter Dinklage.

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