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Executive at Struggling Rovio, Maker of Angry Birds, Pushes Silver Lining

September 3, 2015

Via: itCurated
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The signs are still not looking good for the maker of Angry Birds. The woes became clear again last week when Rovio, the Finnish company that helped usher in the rise of mobile games with the Angry Birds franchise, said it would cut up to 260 jobs, or nearly 40 percent of its work force. Rovio’s profit in 2014 fell roughly 70 percent compared with the year before, to just $11 million, according to regulatory filings.

Nevertheless, at a tech conference here on Wednesday, one of the company’s top executives tried to strike an upbeat tone — saying the Angry Birds brand remained strong despite the financial troubles.

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