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Activision Blizzard cuts nearly 800 jobs amid ‘record results in 2018’
The Verge ^ | February 12, 2019 | Chaim Gartenberg

Posted on 02/12/2019 7:47:04 PM PST by Ciaphas Cain

Activision Blizzard has announced that it’s laying off 8 percent of its employees — roughly 770 people — as part of the company “de-prioritizing initiatives that are not meeting expectations.”

The news came on the heels of announcement of Activision Blizzard’s Q4 and 2018 earnings, where CEO Bobby Kotick gave the company’s “record results in 2018.” Kotick went on to comment that, “While our financial results for 2018 were the best in our history, we didn’t realize our full potential.”

(Excerpt) Read more at theverge.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous
KEYWORDS: activision; blizzard; omg; videogames
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Twitter is smoking hot tonight about this. A lot of reaction from former employees and also competitors like 343 Industries (the Halo producers) advertising that they'll consider bringing them aboard.
1 posted on 02/12/2019 7:47:04 PM PST by Ciaphas Cain
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To: Ciaphas Cain
Apparently most of the positions being RIF'd are non-developers - and Blizzard is saying they will be hiring more developers.

There's a hint there for young people trying to decide on a college major.
2 posted on 02/12/2019 7:49:29 PM PST by AnotherUnixGeek
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To: Ciaphas Cain

I don’t know enough about this situation to comment, but you can do a lot of harm to your organization by killing off your talent base.

Looks like other entities may benefit from this.

Evidently they seem to think so.


3 posted on 02/12/2019 7:50:22 PM PST by DoughtyOne
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To: Ciaphas Cain
Activision Blizzard?

I knew they would eventually come out with a sequel for Frostbite


4 posted on 02/12/2019 7:50:54 PM PST by Dr. Sivana (There is no salvation in politics.)
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To: Ciaphas Cain

All we want is a re-mastered Diablo 2.


5 posted on 02/12/2019 7:52:27 PM PST by BushCountry (thinks he needs a gal whose name doesn't end in ".jpg")
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To: Ciaphas Cain

This is a sign that many game players just got jobs and no longer have time to play video games. Winning.


6 posted on 02/12/2019 7:52:48 PM PST by Revel
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To: Dr. Sivana
Well, going to work at Activision has certainly become a Pitfall!

(Yes ladies and gentlemen I'll be here all week. Try the salad.)

7 posted on 02/12/2019 7:53:50 PM PST by Ciaphas Cain (FreeRepublic.com is the most-used app on my iPhone.)
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To: Ciaphas Cain

if they fired everyone responsible for Diablo III that would be fine.


8 posted on 02/12/2019 7:57:51 PM PST by Telepathic Intruder
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To: Ciaphas Cain
Job cuts? Here's my advice --


9 posted on 02/12/2019 7:59:06 PM PST by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: DoughtyOne

This isn’t the case, the developers weren’t touched with the layoffs. It’s all marketing, “Social media writers”, and PR people.


10 posted on 02/12/2019 7:59:48 PM PST by Shadow44
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To: Dr. Sivana

Wow. I gave up video games back in the 1980s. I’m surprised Activision is still in business.

I was wondering if this was a company that staged the snowfall at Amy Klobochar’s presidential announcement.


11 posted on 02/12/2019 8:05:17 PM PST by OrangeHoof (Trump is Making the Media Grate Again)
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To: Ciaphas Cain

Call of Duty was a great game when Infinity Ward was running the show.

Big, big money involved. Can Videogamers, left, right, center or apolitical get organized enough to “punish” Activision Blizzard for being shameless, soulless capitalists, or for that matter, reward them for it?

I guess it’s just a Pitfall that Activision Blizzard will have to avoid.


12 posted on 02/12/2019 8:08:25 PM PST by M1911A1 (Santa is real. CNN is fake.)
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To: Revel
This is a sign that many game players just got jobs

In China, video game playing is a recognized profession.

13 posted on 02/12/2019 8:24:05 PM PST by PAR35
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To: Ciaphas Cain

I can tell you exactly what happened.

PUBG, Fortnite, and now Apex Legends are murdering Overwatch. Overwatch is a 2016 game, and it won’t make them money in 2019, and they have little else to run on now.


14 posted on 02/12/2019 8:28:33 PM PST by struggle
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To: PAR35
In China, video game playing is a recognized profession.

South Korea is insanely fanatic about Starcraft, as in the original game. Some of their professional players make money that rivals that of most American NFL and NBA players.

15 posted on 02/12/2019 8:32:04 PM PST by Ciaphas Cain (FreeRepublic.com is the most-used app on my iPhone.)
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To: KC_Lion

Ping.


16 posted on 02/12/2019 8:33:32 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: M1911A1

Who made Black Ops 2? Still the best one.


17 posted on 02/12/2019 8:41:00 PM PST by Phillyred
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To: OrangeHoof

50 here, gave them up in the 80s too, but envy guys that can still enjoy playing and have kept that youthful part of their lives in tact.


18 posted on 02/12/2019 8:42:14 PM PST by dp0622 (The Left should know if.. Trump is kicked out of office, it is WAR!)
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To: Ciaphas Cain

Given the game industry has given a greenlight to porn actresses to take over game reviews and SJWs to take over scenarios with gay trandgender heros, I am not surprised

Yet another victim of the communist liberalism , one industry that had never any reason to hurt


19 posted on 02/12/2019 9:02:27 PM PST by JudgemAll (Democrats Fed. job-security in hate:hypocrites must be gay like us or be tested/crucified)
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To: Ciaphas Cain

Digital Extremes said the same. They develop Warframe, which I’ve been playing for years. They’re a great company that really cares about their fans.

Also, the game is free. So is new content. They’re also working on a huge update to introduce ship-to-ship combat in space. Did I mention it’s free to play?


20 posted on 02/12/2019 9:08:39 PM PST by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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