Fingersoft lays off 14 staff after “substantial decline” in ad revenue

Hill Climb Racing studio Fingersoft has laid off 14 staff.

In a statement to PocketGamer.biz, CEO Jaakko Kylmäoja said the redundancies were spread across the company and were not tied to a specific project. He blamed this year’s substantial decline in ad revenue for the redundancies.

He added that the decision was made to “secure the company’s long-term success”.

According to social media posts, impacted roles included community, ASO, marketing, development, and others.

Job losses

“Unfortunately, we had to conclude the change negotiations with the difficult decision to lay off a total of 14 employees,” said Kylmäoja.

“These reductions weren’t tied to any specific project but were instead spread across the company. With this year’s substantial decline in ad revenue, adjustments to our cost structure became essential to preserve our competitiveness and secure the company’s long-term success.”

Headquartered in Oulu, Finland and with another office in Helsinki, Fingersoft is the developer behind the Hill Climb Racing series. As of 2022, the titles had surpasses two billion installs across platforms.

Earlier this year, the studio released its latest title, LEGO Hill Climb Adventures, on the App Store and Google Play. According to AppMagic estimates, the title has generated more than 2.1 million downloads to date.

Earlier this year we reported on the state of Finland’s mobile games market. Among challenges, sources cited Apple’s privacy changes as one of the key issues they faced.