The decision was made even when the company achieved record results in 2018.
A few days ago, strong rumors began to spread about a significant reduction in staffing Activision Blizzardand now we have that information that turned out to be true the beginning of mass layoffs has been confirmed in the company (through Kotaku).
At its meeting with investors on the report of the last quarter of the financial year, Activision Blizzard announced it would cut 8 percent of its workers, 800 employees by several organizations, including Activision, Blizzard and King.
It is worth noting that these cuts are still happening when the company reports record results although they say it's all part of a consolidation and restructuring plan because they failed to meet their ambitious expectations and even cut the forecast for 2019 .
Obviously, the main concerns will be development-related departments, such as distribution and esport, as the company strives to remain strong to continue to create titles of important franchises such as Call of Duty and Diablo.
Alan Brack, President of Blizzard, commented:In recent years, many of our non-development teams have expanded to support a variety of needs. At present, staff levels in some teams are disproportionate to our current startup plan. This means that we need to reduce some areas of our organization. I am sorry to announce that we will have to sack some of our colleagues in the United States."
It should be noted that the company promises full compensation to the affected employees, including health benefits, career advice and help finding another job.
This movement, of course, gave many industry talks, where several members showed their dissatisfaction and even some companies like Square Enix, 343 Studios, Rock Studios and Turtles Sony Santa Monica they use the hashtag #gamejobs to warn that they are recruiting staff and thus to support those who have been dismissed.