The Finnish studio behind Angry Birds, Rovio has announced that job cuts may be on the cards to simplify the company. CEO Mikael Hed admitted in a blog post published today the company has been growing on assumptions, a tactic that's clearly not sustainable in today's competitive market.
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. As a result, we announced today that we plan to simplify our organization around our three key businesses with the highest growth potential: games, media, and consumer products. Unfortunately, we also need to consider possible employee reductions of a maximum of 130 people in Finland (approximately 16% of workforce).
Hed also notes that Rovio – as it stands today – is in a strong position to reignite growth and continue delivering products. It's not known how these changes will affect (if at all) the studio's ability to produce quality titles, though we imagine the team will be able to handle current projects just fine.
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