Tuesday , June 15 2021

Activision Blizzard releases 800 employees after the record 2018

Activision Blizzard began releasing some of its 9600 employees, mainly in non-developed games. This is perhaps a surprise when it is known Last year, the company recorded a record net revenue of $ 7.5 billion(In 2017 he earned 7.02 billion dollars). The dismissal of 8% of employees is reported, which is about 800 people. All this is done because the company plans to restructure and focus on its major and most profitable franchises, such as Overwatch, Diablo, Call of Duty, Candy Crush, Warcraft and Hearthstone.

That's what Activision CEO Bobbie Kothik said Although the financial results for 2018 are the best in history, it has not reached its full potentialFor this purpose, a number of important organizational changes were announced, both in the structure of the company itself and in its management.

Activision Blizzard's abbreviations began appearing last week, Activision, according to an agreement published last month, dropped the Destiny franchise, leaving it to Bungie, who developed it. In addition, esport and online games developed by Blizzard, such as Overwatch, Heartstone and World of Warcraft, have been stagnant for some time or their players' base has been steadily declining over the past year.

Call of Duty will continue to be the leading Activision franchiseand the World of Call of Duty will pay more attention after the restructuring. The company plans to launch urban leagues in title titles, and this year is confirmed a new e-sport title.

The Overwatch League will be upgraded. In Kotykov's appeal to investors, he stressed that The Overwatch we know today is just a small part of what this franchise can become. Activision must be structurally simplified to respond quickly to changing market conditions and new business models, He also announced that the company will pay more attention to the mobile markets for free games. In this context, it was announced that We are currently working on mobile versions of Diablo and Call of Duty games.

Source: Engadget

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