Items tagged with (nasdaq:rovi)

Rovio Entertainment is following through with its plan to make significant workforce reductions this year. The cuts, which Rovio first announced in early October, will remove 110 employees. As part of the reorganization, the Angry Birds game developer is closing its Tampere, Finland studio and moving many positions to Espoo, Finland. The cuts come as Rovio is promoting its upcoming Angry Birds movie, which is expected to hit theaters in July. Image Credit: RovioInitially, Rovio planned to cut 130 employees, which would have amounted to about 16% of its 800-person worldwide workforce. After negotiations with its employees, Rovio has reduced that number to 110 job cuts,... Read more...