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Rovio

Angry Birds maker Rovio plans to cut up to 130 jobs

By
TIME
TIME
and
Ben Geier
Ben Geier
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By
TIME
TIME
and
Ben Geier
Ben Geier
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October 2, 2014, 11:05 AM ET
Technology
contract armin harrisKyle Bean for Fortune

This post is in partnership with time. The article below was originally published at Time.com.

By Laura Stampler

Rovio Entertainment, the company that brought Angry Birds to smartphones, toy stores and theme parks, said on Thursday it plans to cut up to 130 employees, or 16% of its workforce, “towards a simplified organization.”

Cue puns of the Finnish gaming company’s clipped wings and prematurely counted chickens.

Rovio announced in March that its 2013 net profit dropped by 50% from the prior year and, in August, the company replaced its chief executive.

“We have been building our team on assumptions of faster growth than have materialized,” Rovio said in a statement Thursday. But, maintaining a light tone, Rovio added, “as we consider these painful measures, we keep our eye on always delighting our fans with products they love.”

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