The once seemingly invicible games development company, Rovio, based out of Finland, have just announced another series of job cuts, with as many as 260 of their staff members departing the company. This could see the mobile gaming company's workforce be slashed by up to 40 percent.
This isn't the first series of layoffs we've heard about from the Angry Birds developers. In October 2014, a similar announcement was made, informing us that as many as 110 staff members lost their jobs (16% of the workforce at the time).
The cuts are seemingly due to the disastrous 2014, which saw a sharp fall (73%) in profit, and a sign of which despite releasing Angry Birds 2 at the end of July, they've been unable to recover as they would have hoped. Since 2014, Rovio have released a number of Angry Birds themed games that have not generated the revenue figured they would have liked.
Games such as Angry Birds Fight!, a match-3 game, and Angry Birds Stella Pop!, a tile-matching game, have proved to be quite unsuccessful compared to the games released at the beginning of the franchise.
With the Angry Birds movie being released in May 2016, in collaboration with Sony, it's expected that the company will be on the road to recovery, but only time will tell at this point.