Activision Blizzard to Reportedly Cut 200 Jobs
https://wccftech.com/activision-blizzard-to-reportedly-cut-200-jobs/
Activision Blizzard (NASDAQ:ATVI) have had a strong year, financially, so far. Q1 saw record breaking revenues, with Q2 and Q3 breaking and meeting expectations respectively. As the year has gone on, issues have plagued the company. In particular is the poor reception and constant controversies that littered Destiny 2 – eventually resulting in the ending of the deal between Activision and Bungie.
Recently Bloomberg have reported that these troubles are likely to extend into the company’s financials. As a result of a downturn in sales, Activision Blizzard are planning to cut hundreds of jobs to help in boosting profit levels, as well as ‘centralising functions’. This is according to one of the affected people, who remain unnamed as the changes have yet to go through.