Activision-Blizzard has begun massive global layoffs, which is likely to be in the 100s. Horrible news. https://kotaku.com/activision-blizzard-begins-massive-layoffs-1832571288 …pic.twitter.com/ov4HEacopY
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Who fires 800 people on the off-chance that it miiiiight save you money, but also may lose you money??? Who does that??? What kind of rational person makes a decision to do that???? MAYBE JUST DON’T FIRE 800 PEOPLE ON A GAMBLE???
No shit.
If I were a shareholder, I would be upset. This appears to have been done without a plan. I wonder if AB had to increase severance because of outcry. This reorganization could have been done through attrition and been more humane and cost-effective.
This was probably a shareholder idea
Not surprised at all...
AFAIK, this is based on federally mandated reporting of risk factors in publicly traded companies, and they tend to be very thorough in what could be a risk - even if something is probably beneficial, you still have to report potential issues.
Blizzard Fans: "Your games are too much about the bottom line! Get rid of the marketing people and hire more devs!" Blizzard: *gets rid of excess marketing positions and hires more devs* Blizzard Fans: "How dare you fire people!"
Acti-Blizz can't win. People seem to want to hate them, even when they do exactly what the public demands.
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