Activision Blizzard Discusses Layoffs from anqilan's blog

Activision detailed its financial performance from the third quarter in 2018 and the whole year. As part of this buy WoTLK Gold, it said that it "will raise development funding for its top franchises helping teams increase the speed and quality of content for their communities as well as supporting numerous new product initiatives." It also cited it that there will be more developers that will be involved in " World of Warcraft , Candy Crush, World of Warcraft , World of Warcraft , World of Warcraft in aggregate will increase approximately 20% over the course of the year of 2019."

Activision Blizzard Discusses Layoffs, Destiny Split, And World of Warcraft - GS News Update

However, this greater investment, it says, will be funded by "de-prioritizing initiatives that are not meeting expectations and reducing certain non-development and administrative-related costs across the business"--referring to the layoffs. The company's financial announcement COO Coddy Johnson revealed that there would be an eight percent reduction in headcounts at Activision Blizzard. With over 10.000 employees according to the company's last count that's nearly 800 employees losing their jobs. This has resulted in the shuttering of one King's studios and seen reductions to areas like esports, which were a key focus on projects such as that of the World of Warcraft League.

Co-CEO Bobby Kotick, said that while Activision Blizzard's "financial results in 2018 were among the top ever in our history" it "didn't fully realize our potential." In the end, the company has implemented leadership changes created in order to "enable us to realize the many opportunities our industry affords us, particularly with our strong owned franchises with strong commercial capabilities and our direct digital connections to millions of players, and our extraordinarily competent employees buy WoW WoTLK Classic Gold."

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By anqilan
Added Jan 15 '23


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