On the earnings call, Activision Blizzard CEO Bobby Kotick told investors that the company had “once again achieved record results in 2018" but that the company would be consolidating and restructuring because of missed expectations for 2018 and lowered expectations for 2019. The company said it would be cutting mainly non-game-development departments and bolstering its development staff for franchises like Call of Duty and Diablo.Via: Kotaku
Development sources from across the industry told Kotaku this afternoon that the layoffs have affected Activision publishing, Blizzard, King, and some of Activision’s studios, including High Moon.
Activision Blizzard cuts 8 percent of its workforce
Posted on Wednesday, February 13 2019 @ 11:50 CET by Thomas De Maesschalck