Activision Blizzard Set to Cut Hundreds of Jobs

Feb
11

Activision Blizzard Set to Cut Hundreds of Jobs

It has been a rather troubling year for Blizzard fans all-told. That is, based on the reports about what has been going on behind the scenes. From the departure of longtime CEO Mike Morhaime to the scaling back of Heroes of the Storm to the many rumours of cost-cutting measures across all teams. Then there’s Bungie leaving Activision after the reported disappointing performance of Destiny 2.

That also led to the recent drop in Activision Blizzard’s stock price.

Although both companies run autonomously under a single banner, according to a new report over at Bloomberg there are currently hundreds of jobs across Activision Blizzard about to be shed. In an effort “aimed at centralising functions and boosting profit”, with $7.28 billion now the projected sales revenue for Activision Blizzard. A drop of 2 percent over last year.

Neither Activision or Blizzard have responded to the reports, but sources close to Kotaku have stated that some of the jobs to be cut will be in Blizzard departments outside of game development – like marketing, sales, etc. Which if true, would no doubt erode some of Blizzard’s autonomy. Which reinforces Bloomberg’s centralising reports – a move that can only mean Activision will be taking a more hands-on approach to the running of Blizzard.

The layoffs are expected in the coming days.

Read more here:: AusGamers

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