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Rovio Lays Off 260 Employees

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Rovio, the studio that brought up Angry Birds, has announced they will lay off 260 employees in order to “restructure and concentrate its activities.”

Chief Executive of Rovio, Pekka Rantala, said that they are more focused on business ventures and have just done too many things to fast.

Rantala released this statement…

“Rovio’s growth and eagerness to explore new business opportunities over the past few years has been exceptional. As a result, we did too many things. In our current financial condition we must now put focus on where we are at our best: In creating magnificent gaming experiences, in producing an amazing animation movie, and in delighting our fans with great products.”

“While we have gathered good momentum this year, especially with the launch of the Angry Birds 2 game, fundamental changes are needed to ensure Rovio succeeds in its global ambitions to be the leading entertainment company with mobile games at its heart. This personally is a difficult decision. However it is certain that a leaner and more agile Rovio is absolutely necessary to move forward and take the company to new successes in the future. We will work with and support all our employees through this period of change.”

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