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5 December 2014 - 07:50 AMT

Angry Birds creator Rovio closes studio, lays off 110 employees

Rovio Entertainment has announced plans to close its Tampere studio and lay off staff, Digital Spy reported.

The Angry Birds creator estimates that its workforce will be reduced by approximately 110 employees.

"As part of its reorganization, several positions have been opened for internal applicants," the Finnish developer said in a statement.

"The final number of employees impacted depends on how many of these new positions are filled."

In addition, the firm says it will consolidate all its Finland operations in Espoo.

It was recently revealed that, following a 52% drop in profits, Rovio CEO Mikael Hed will step down from his role in January next year.

Hed will reportedly be replaced by former Nokia executive Pekka Rantala.