Activision Blizzard Talks Layoffs, Destiny Split buy WoTLK Gold, And World of Warcraft - GS News Update
However, this greater investment, it says, will be funded by "de-prioritizing initiatives that are not meeting expectations and reducing certain non-development and administrative-related costs across the business"--referring to the layoffs. In its earnings call, COO Coddy Johnson announced that there will be a cut of 8 percent in headcounts for Activision Blizzard. With close to 10.000 employees at the most recent count and a total of nearly 800 employees being laid off. This has led to the shut down of one King's studios and seen reductions to areas like esports that had been the focus with projects like The World of Warcraft League.
Co-CEO Bobby Kotick, said that even though Activision's "financial results for 2018 were the best ever in our history" it "didn't reach our full potential." As a result, the company has implemented leadership changes intended in order to "enable us to achieve the many opportunities our industry has to offer us, particularly through our powerful franchises owned by us with strong commercial capabilities as well as our direct digital connection to hundreds of millions of gamers, and our exceptionally gifted employees."
In a statement acquired in a statement by Kotaku, Blizzard president said "staffing levels on some teams aren't aligned with the company's release slate," which has necessitated the need to trim down. Although the reductions are restricted to those in the US operation, Brack indicated that other regional offices will also be evaluated in the future and could be affected cheap WoW WoTLK Classic Gold, "subject to local requirements."
