Activision Blizzard has notified hundreds of employees that their services will no longer be required today. The cull is rumoured to affect around eight per cent of the organisation’s enormous 9,600 workforce, so will render hundreds of staffers redundant. The cuts span the entire organisation, including Activision, Blizzard, and mobile developer King.
Speaking at a conference call, CEO Bobby Kotick announced that his company had achieved “record” results in 2018, but that it was consolidating and restructuring after failing to meet its expectations and lowering its forecast for the coming year. According to Kotaku, the layoffs seem to be focused on non-game development departments, such as Blizzard’s eSports team, for example.
While it will be little consolation for those out of work, the publisher does appear to be doing right by its employees, promising a “comprehensive severance package”, continued health benefits, career coaching, and more. Naturally, our thoughts go out to all those affected – we hope everyone bounces back quickly in awesome new roles.