Activision Blizzard gives weak 2019 guidance, says it will slash 8% of workforce
https://www.cnbc.com/2019/02/12/activision-blizzard-earnings-q4-2018.html
Activision Blizzard reported mixed fourth-quarter results Tuesday and offered weak guidance for the first half of 2019. Shares fell as much as 5 percent in extended trading before gaining as much as 2 percent.
Activision Blizzard has revealed headwinds in recent weeks, and said Tuesday it plans to cut global workforce by 8 percent.