Angry Birds developer Rovio is set to cut another 260 people from its staff.
Following job cuts to 110 staff last year, The Guardian reports that the company is set for another wave of redundancies, with chief executive Pekka Rentala blaming the company's rapid expansion for the losses.
"Rovio's growth and eagerness to explore new business opportunities over the past few years have been exceptional. As a result, we did too many things."
He continues: "In our current financial condition we must now put focus on where we are at our best: in creating magnificent gaming experiences, in producing an amazing animation movie and in delighting our fans with great products."
Despite the company's latest release, Angry Birds 2, achieving over 50 million downloads since its launch at the end of last month, offices in Espoo, London, Stockholm, Shanghai and Tokyo could all be affected.
"Fundamental changes are needed to ensure Rovio succeeds in its global ambitions to be the leading entertainment company with mobile games at its heart," Rentala added. "This is personally a difficult decision. However, it is certain that a leaner and more agile Rovio is absolutely necessary to move forward and take the company to new successes in the future."
Source: The Guardian