Just read from dualshokers and Bloomberg on Activision and Blizzard planning to layoff hundreds of their staff:
In a report from Bloomberg, the outlet detailed that Activision Blizzard appears to be getting ready to announce layoffs at the company in the coming week (apparently as soon as this coming Tuesday), seemingly as part of plans to restructure the company following the underwhelming performance of some of its recent titles.
According to Bloomberg, the company’s layoffs “could number in the hundreds” as part of the plan, with Activision Blizzard having employed over 9,800 people as of the end of 2017. Overall, Activision’s stock values have also experienced a drop in the past few weeks, with shares reported at a price of $42.88.
This restructuring of Activision Blizzard appears to come as a result of the company’s struggles with some of its recent titles, as Bloomberg reports that titles such as Overwatch and Hearthstone saw “flat or declining numbers of users.” Likewise, Destiny 2: Forsaken appeared to have “disappointing sales” from when it debuted last fall.
In a report from Bloomberg, the outlet detailed that Activision Blizzard appears to be getting ready to announce layoffs at the company in the coming week (apparently as soon as this coming Tuesday), seemingly as part of plans to restructure the company following the underwhelming performance of some of its recent titles.
According to Bloomberg, the company’s layoffs “could number in the hundreds” as part of the plan, with Activision Blizzard having employed over 9,800 people as of the end of 2017. Overall, Activision’s stock values have also experienced a drop in the past few weeks, with shares reported at a price of $42.88.
This restructuring of Activision Blizzard appears to come as a result of the company’s struggles with some of its recent titles, as Bloomberg reports that titles such as Overwatch and Hearthstone saw “flat or declining numbers of users.” Likewise, Destiny 2: Forsaken appeared to have “disappointing sales” from when it debuted last fall.