Rovio, a game studio based in Finland, is known best for its Angry Birds titles. The games have been a runaway success and run on multiple platforms. However the news coming out of the company isn’t all good. The latest news has nothing do with the games, but instead focuses on some bad things.
Rovio plans to streamline the company, which in effect means a dowsizing. The studio will be laying off as many as 130 employees, which it claims is about 16 percent of its workforce.
In a new statement from CEO Mike Hed, it reads that “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”.
This is never an easy decision to make, and is even worse for those affected by it. Hopefully, while it’s a shame for the folks involved, it will help the company do better.