>Activision Blizzard announced Tuesday that it is restructuring, indicating the company is laying off 8% of its 9,600 staff (approximately 775 people) as it refocuses its efforts on its Call of Duty, Candy Crush, Overwatch, Warcraft, Hearthstone and Diablo franchises.
>Activision called the move a de-prioritizing of initiatives that didn’t meet expectations. CEO Bobby Kotick said that the cuts would come from support staff while the company consolidates its commercial operations and reorganizes its marketing initiatives. Activision will be instead investing more in live services, Battle.net, eSports, and advertising efforts.
>Activision Blizzard stock took a hit on Monday after rumors surfaced of the layoffs. Share value has been climbing throughout the day and continues to climb slowly in after-hours trading. It’s not uncommon for investors to react favorably to layoffs, which signal a company taking steps to increase value for shareholders.
>A sword has been dangling over Activision Blizzard employees since Friday, when Bloomberg reported that the company would be laying off hundreds of employees. In advance of the publisher’s full-year earnings report for 2018, those layoffs are now reality.
http://archive.is/WHi2t
My 2 cents: good, fuck em. haven't made a decent game since diablo 2
WOW is a anime pedos wonderworld. fuck the cartoonish direction they went in, pandering to the furries. good riddance.