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All is not well at Rovio as it lays off 260 workers

Rovio has been one of the biggest driving forces of the mobile gaming industry ever since its original hit game, Angry Birds, however it appears the studio has fallen on tough times. Despite the fact its first official sequel, Angry Birds 2, was incredibly well received, it appears that it hasn’t been enough to keep Rovio smoothly. The studio today announced that it is laying off 260 works in an attempt to slim down and get their profits back up.

It’s no real surprise that this has happened as even Rovio CEO, Pekka Rantala, admits that the company dived in the deep end too quickly to “explore new opportunities”. While there has been good coming out of these ventures, it’s clear that they haven’t been as profitable as planned and perhaps a definitive sign that the Angry Birds franchise has well worn out its welcome. We can only hope that these are the last of the layoffs and that Rovio returns to the big leagues sooner rather than later.

What do you think about Rovio cutting 260 jobs? Let us know your thoughts in the comments below.

Source: engadget