Thoughts

Gaming Industry Layoffs

Activision Planning  to Cut Hundreds of Jobs

Photo by Artem Kim on Unsplash

According to Bloomberg’s reporting, sources familiar with Activision Blizzard Inc., they are planning to announce layoffs this Tuesday, due to slowing sales & a drop in stock price to 2.5% as of Friday Feb. 8th 2019.

The layoffs, which could climb into the hundreds are said to be are part of a “restructuring aimed at centralizing functions and boosting profit”, which of course is, a common practice geared towards placating investors at the expense of the workers.


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