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Activision Blizzard Lays Off 50 Employees; restructuring in a year of records

Activision Blizzard has fired around 50 persons this Tuesday, March 16, as they have advanced Bloomberg Y Sports Business Journal. In a Restructuring process mainly focused on reducing the number of assets in the department of live events Y electronic sports (esports), the movement affects less than 2% of the human capital currently in the workforce. The company claims that the layoffs are a response to the effect of the COVID-19 pandemic.

Activision Blizzard layoffs: cuts in dozens of employees

“Gamers are increasingly choosing to connect with our games digitally,” an Activision Blizzard representative explained to GamesIndustry. “Everything we do is with our eyes set on our players, and over the past year we have been exploring how to better meet all of their needs,” he adds.

“The esports team, like traditional sports, entertainment and broadcasts, have had to adapt their business due to the impact of the pandemic on live events. We were able to retain a large majority of the team for a complex year and these changes have not been taken lightly”They say. “We are taking important steps to ease the transition for all affected employees.”


For his part, Tony Petitti, president of sports and entertainment at Activision Blizzard, has said to Sports Business Journal that the live events related to Call of Duty Leage and Overwatch League are not going away. Since GamesIndustry extend the sentence through another representative of Activision Blizzard, who assures that “Live events continue to be an important part of the strategies of the Overwatch League and the Call of Duty League. We plan to communicate with them as soon as is safe and logistically feasible. “

Laid off North American employees will receive at least 90 days of consideration in the form of health insurance and assistance.

Activision Blizzard reported on February 4 a quarter of records in the form of $ 1.75 billion in revenue; 12% more than the previous year, and they raised their forecasts for the 2020 financial year thanks to their new releases around licenses such as Call of Duty, World of Warcraft and Candy Crush.

Sources | Bloomberg (2); Sports Business Journal; Games Industry

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