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Activision Blizzard Lay Offs Impact Hundreds, Despite A Record Year
Activision Blizzard, the company behind World of Warcraft , World of Warcraft , and Candy Crush, has announced massive cuts to its workforce. Employees were notified of the reductions on Tuesday, to coincide with the publication of the company's annual report on earnings that saw it record its best results ever. Despite this impressive performance hundreds of people from Activision, Blizzard, and the mobile gaming company King will be impacted by the layoffs.
Activision detailed its financial performance in the quarter that ended on December 31. 2018 and the year overall. It also stated that it stated that it "will raise development funding for its top franchises making it easier for teams to increase the pace and quality of content that they create for their communities, and assisting with several new initiatives in the field of product." It also noted it that there will be more developers that are involved in " World of Warcraft , Candy Crush, World of Warcraft , World of Warcraft , World of Warcraft in overall will increase by 20% by the end of the year 2019."
Activision Blizzard Talks Layoffs, Destiny Split, And World of Warcraft - GS News Update
However, this greater investment, it says
WoTLK Classic Gold, will be funded by "de-prioritizing initiatives that are not meeting expectations and reducing certain non-development and administrative-related costs across the business"--referring to the layoffs.