Joystiq
Joystiq News
Activision Blizzard has begun laying off some of its 9,600 employees, mostly in non-development sectors, even as it reported a record net revenue of $7.50 billion in 2018, up from $7.02 billion in 2017. Activision expects to lose 8 percent of its staff, or nearly 800 employees. The company plans to restructure its efforts and focus on core franchises such as Overwatch, Diablo, Call of Duty, Candy Crush, Warcraft and Hearthstone.
On a call with investors today, Activision CEO Bobby Kotick called 2018 a record year.
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