- Hires 9,600 employees in 2018
- Lays of 8%
- Roughly 800 people lose their jobs
- Best Profit Year for The Company
Activision Blizzard has announced massive layoffs. The company is known for substantial titles such as Call of Duty, Overwatch, Candy Crush, Diablo and much more. Employees were notified on Tuesday. It is of no surprise that it happened at the same time the company’s annual report was released. The company reported its best profits ever. Despite this news, an estimated 800 employees (give or take) will be a
We reached out to several employees for comment. This is what our source had to say:
In wake of Activision-Blizzard Firing 8% of its workforce (800 employees) today during their earnings call. The games industry needs to unionize and protect themselves against this kind of treatment. Not just the developers but marketing teams, community management and e-sports divisions as well. As someone who has been personally invited to Blizzard on numerous occasions to test features and other elements and aspects of World of Warcraft, I will no longer be participating in their community.
On the call the CEO Bobby Kotick said to Kotaku:
Activision Blizzard, which employed around 9,600 employees last year, would reduce its workforce by 8%. That equated to around 800 people. Some were junior employees, having started at the company just recently; others had been with Activision Blizzard for 15 years or longer. Some were informed yesterday; others, particularly in Europe and other non-U.S. divisions, didn’t find out their fates until this morning.
According to the WSJ, Separately, several top executives have left Activision Blizzard in the past year, including Blizzard founder Mike Morhaime and the unit’s finance chief, Amrita Ahuja. The parent company fired its finance chief, Spencer Neumann, in early January after he was poached by Netflix Inc. for the same position.