Rovio's profit declined by half, 110 employees will be laid off

The Finnish company Rovio, best known for its mobile application Angry Birds, announced that due to the "reorganization" it will dismiss 110 of its employees, as well as close the game studio in the Finnish city of Tampere. Previously, 130 people from about 800 employees were to leave the company.

Angry Birds is known as the most downloaded application in the world, and also as a kind of meme, used in the environment of geeks, when it was necessary to illustrate the fact that the power of modern smartphones is used for such a questionable goal as “launching birds in pigs”. Rovio experienced the greatest success in 2012, when users downloaded more than a billion copies of Angry Birds.

According to the financial report of the company, its net profit last year amounted to 26.9 million euros, while in 2012 - 55.5 million - in other words, it decreased by about half, despite the fact that the company produces a fairly large number of other games, attributes in the style of Angry Birds It finances various game projects in many countries and even makes films.

In addition, as noted in the report, the number of Angry Birds downloads has crossed the milestone of 2 billion copies. Thus, before the record Gangnam Style game, there are relatively few.