https://www.sfchronicle.com/business/article/Activision-Blizzard-to-lay-off-800-workers-13614829.php

SANTA MONICA — Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history.

The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have relatively short lives before players move on to the next craze.