• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

MMOR

Life is Free

  • Submit
  • Disclaimers
  • About
  • DMCA
  • Privacy Policy
  • Contact
You are here: Home / – Game giant confirms around 800 jobs are being cut

– Game giant confirms around 800 jobs are being cut

With rumors having started about a massive layoff started a few days back, today Activision Blizzard confirmed that it is cutting away around 8% of its global workforce, around 800 headcount. This news came despite Activision Blizzard announcing the financial results for 2018 were “the best in our history”, although the numbers “didn’t realize our full potential”, mentioned CEO Bobby Kotick. We have summarized some key highlights below. • The layoffs will impact all subsidiaries, including Activision, Blizzard, and mobile studio King. • It was claimed that manpower for key projects will increase by 20% by the end of 2019, including Call of Duty, Candy Crush, Overwatch, Warcraft, Hearthstone and Diablo. • Most of the layoffs will be from non-development and administrative roles. • CEO Bobby Kotick also mentioned that in order to fulfill the company’s “potential”, “a number of important leadership changes” have been made. • Activision Blizzard claims that those affected by the layoffs will receive “a comprehensive severance package”, along with “job assistance and a profit-sharing bonus.” • The layoffs came despite Activision Blizzard’s net revenues for 2018 being a record USD 7.5 billion.

  • Victoria doubles down on outdoor activity ban, latest coronavirus death linked to hospital cluster
  • Coronavirus latest: Spain records highest death count yet
  • Coronavirus latest: US death toll surpasses China’s
  • Coronavirus latest: France, Spain, UK record deadliest day
  • Coronavirus latest: Germany to extend social distancing rules
  • Coronavirus latest: Germany extends social distancing rules
  • Coronavirus latest: More than 200,000 infections in United States
  • Coronavirus live updates: California cases top 10,000
  • Coronavirus live updates: 50,000 dead worldwide
  • Coronavirus live updates: First positive test at San Francisco homeless shelter
– Game giant confirms around 800 jobs are being cut have 252 words, post on mmoculture.com at February 13, 2019. This is cached page on MMOR. If you want remove this page, please contact us.

Primary Sidebar

RSS Recent Stories

  • An error has occurred, which probably means the feed is down. Try again later.

Sponsored Links

  • Untitled
Copyright © 2021 MMOR. Power by Wordpress.