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“There’s lots of responsibility,” Acton said.

Mind Candy CEO Michael Acton Smith, the man behind Moshi Monsters, discussed this problem at TechCrunch’s London conference in in Oct. But the layoff of 14 percent of the company’s total workforce is a stark reminder of how transient the appeal of mobile apps can be, and the risks companies take by investing too heavily in just one flagship product. The most downloaded game of all time, it has spawned spin-offs, imitators, clothing lines, toys, beverages, books and even theme parks.īut now, Wired reports, Rovio is to cut 110 jobs and close down Finland-based studio Tampere after its operating profits plummeted 50 percent to $45 million last year, reportedly because of dramatically increased outlays on animation and other non-app products.įor now, the planned Angry Birds film is still due to go ahead. Since its launch in 2009, Angry Birds has become a cultural phenomenon in the mobile gaming world. What goes up must come down: Angry Birdshas enjoyed years of unprecedented success, but now Rovio-the company behind the hit mobile game-is laying off more than 100 employees amid plummeting profits.

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