– We again achieved record results in 2018.
That's how Activision Blizzard boss Bobi Kottic opened the latest investor investors interview this week (through Kotaku). One would have thought the statement was a celebration occasion, but for hundreds of employees this would be their last week in Activision Blizzard.
A little later, Cottko confirmed the rumors about the cuts that had been going on in recent weeks. Eight percent of nearly 10,000 company employees, that is, somewhere around 800 people have already lost their jobs – despite record sales.
– We did not meet our potential
In a press release, Cotyck writes that although the 2018 results are the best ever, Activision Blizzard has failed to meet the expected potential. Now Kotick and the company expect a weaker year in 2019, and hence the peaks believe restructuring is needed.
Sources who spoke to Kotaku say that most of the redundancies have occurred in departments that are not related to the development of the games. Instead, it seems that Activision, Blizzard, King and even other publishers of studios and electronic sports have suffered the biggest losses.
At the same time, the company has devoted more resources to developing series like Call of Duty and Diablo, says Kothik.
An internal letter that Coach has received mentions the good packages for Blizzard employees who have lost their jobs and helped to find new opportunities. Blizzard B. Alan Brack was sorry for the situation, but he promised that the studio would do its best to help his former employees stand up.
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