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Activision Blizzard will supposedly announce layoffs for hundreds of staff next week

Activision Blizzard will allegedly cut its staff numbers soon. (Source: Activision Blizzard)
Activision Blizzard will allegedly cut its staff numbers soon. (Source: Activision Blizzard)
A new piece in Bloomberg has cited sources allegedly close enough to Activision Blizzard to allege that the gaming company will let "hundreds" of staff go. The firm is apparently taking this action to maximise profits and to "centralize functions". An announcement to this effect is expected on February 12, 2019.

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Activision Blizzard has become connected with impending staff cuts thanks to a report in Bloomberg. This article cites sources "familiar with the matter" in claims that the world's largest games studio will announce these layoffs on February 12, 2019. The resulting job losses could apparently number in the hundreds.

Bloomberg has reported that Activision Blizzard is taking this action in order to "centralize its functions", as well as to improve its takings in the future. This alleged widespread corporate restructure is one in an increasingly long line of changes in Activision's fate as of late. For example, it has also recently parted ways with Bungie over the Destiny series' falling profits and popularity. Some estimates put the losses to Activision as a result of this split at up to US$400 million per year.

Furthermore, the games studio has also recently reported that other titles such as Overwatch are seeing user numbers that are flat at best. Therefore, it may be more important than ever that it score a hit (perhaps a battle royale-style release?) in the future.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2019 02 > Activision Blizzard will supposedly announce layoffs for hundreds of staff next week
Deirdre O Donnell, 2019-02-10 (Update: 2019-02-13)