'Angry Birds' Maker Rovio To Cut 130 Jobs

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Mobile game developer Rovio Entertainment says it plans to cut some 16% of its workforce amid signs that its Angry Birds game is losing some of its luster. CEO Mikael Hed said in a statement on Thursday that Rovio expects to cut up to 130 jobs in Finland, as the company had been building its team on assumptions of faster growth than has materialized. However, its earnings growth has stalled in the past year as industry reports suggest Angry Birds has decreased in popularity. http://on.mash.to/1x36JbA http://bit.ly/1fJ5yqZ





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