Activision Blizzard gives weak 2019 guidance, says it will slash 8% of workforce

Activision Blizzard gives weak 2019 guidance, says it will slash 8% of workforce

5 years ago
Anonymous $Dftgs0JzgE

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.

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