Rovio has laid off approximately 110 staff and closed its studio in Tampere.
In October the Angry Birds developer announced it was set to make as many as 130 employees redundant, 16 per cent of its total workforce. This figure has now been revised down however.
The development outfit noted that the exactly number of layoffs depends on how many new positions opened for internal applications are filled.
As part of the restructuring, Rovio has also closed its Tampere studio in Finland. The company still has game studios in Espoo and Stockholm, as well as other offices around the world.
In October Rovio CEO Mikael Hed said the redundancies were taking place after growth at the firm had not be as fast as predicted, and that it would now focus on three core business areas: games, media and consumer products.
“It is never easy to consider changes like this, but it is better to do them sooner rather than later, when we are in a good place to reignite growth,” he said.