4 ms·

Success can't only be based on revenue. They took bad decision, they didn't diversify, they are responsible of this failure. How can we call massive layoff suc

• tim333 12y ago
  >How can we call massive layoff success... Dunno it it's 'success' but it may be sensible management. Things like Angry Birds are always going to be boom and bust. Hiring when there's lots of cash and laying off when there isn't may be kind of sensible. Though banking the money and not hiring loads of people may have been better. [edit] Reading up a bit they are less one hit wonder than you might think. Mikael and Niklas Hed, the guys who set up and have mostly run Rovio were designing and coding games since they were 12, and after founding the company in 2004 produced 51 games before Angry Birds. The company went from startup to 50 employees and then back to 12 by 2009 when they hit hard times. Post Birds they have gone to 800 employees and now I guess down to 700. They still made $37m profit in their last reported year (2013).
• nyrulez 12y ago
  Having a one hit wonder is success. Forming a company around it to milk that brand is also a good strategy. But it would be naive to think every one hit wonder can be converted to a long term business strategy. Some can and some can't. But its just more difficult. You can't blame every company that fails for that - its the nature of the business.