Blizzard Activision Tagged Articles RSS Feed | Blizzard Activision RSS Feed on en Launch Media Network Activision Blizzard Announces Layoffs of Almost 800 Employees Tue, 12 Feb 2019 21:23:42 -0500 QuintLyn

Over the past week, rumors have been circulating that "hundreds" of Activision Blizzard employees would be laid off this week. As most that were aware of these rumors suspected, they were true.

Today, during an earnings call, the company announced it would be letting 8% of its staff go. That's approximately 800 employees total across Activision, Blizzard, and Candy Crush company, King. 

The interesting thing is that Activision Blizzard CEO Bobby Kotick told investors on the coll that the company received "record results" for the year. In fact, during its fourth quarter, the company brought in $7.26 billion from physical and digital sales. That's up from $7.16 billion in 2017.

Despite these results, Kotic said he felt the company missed the mark when it came to meeting the expectations set forth for 2018. Because of this, the company will be cutting personnel not related to game development. According to Kotaku, that includes Blizzard publishing and esports.

As it turns out, the layoffs also impact community management and social media staff. Robert Taylor, a PR staffer at Activision Blizzard, was let go after 12 years with the company.

In the wake of the layoffs, #gamedev and #gamejobs are once again trending on Twitter, with developers encouraging anyone affected to apply with them. So far, Riot Games, Ready At Dawn, Hinterland Games, Sumo Digital, 2K Games, and many others have tweeted their current openings.

Prior to the announcement — and in reaction to the rumors  individuals compiled a list of developer job listings in a handy Google Docs file.

The list is being constantly curated and updated.

Acitivision-Blizzard Buys Out Vivendi Universal Fri, 26 Jul 2013 11:31:03 -0400 Chad "Chuina" Albritton

In a corporate buy-out of $8.2 billion by CEO Bobby Kotick's investment group, Activision Blizzard is on its way to becoming an independent company. The publisher is set to buy 439 million shares from Vivendi, knocking their ownership down to 12 percent of the company, which Vivendi has been trying to sell for nearly a year. 

Kotick is optimistic as the possibilities for independent status give more freedom to the publisher of games like Call of Duty, StarCraft, and World of WarCraft. Does this mean that we should expect more creativity out of the publishers? What does this hold for Blizzards presently in hiatus, Project Titan?

Kotick commented, "Our successful combination with Blizzard Entertainment five years ago brought together some of the best creative and business talent in the industry and some of the most beloved entertainment franchises in the world, including Call of Duty and World of Warcraft. Since that time, we have generated over $5.4 billion in operating cash flow and returned more than $4 billion of that to shareholders via buybacks and dividends. We are grateful for Vivendi's partnership through this period, and we look forward to their continued support."

All eyes are on Activision Blizzard, with World of WarCraft subs still in steady decline, what will be there next big project? With the possibility of retaining $3 billion cash on hand while investing in new opportunities, Activision Blizzard may be poised to grab an even greater market share in the future.

WoW Only Has Measly Subscriber Base of 9.6 Million Sat, 09 Feb 2013 04:37:22 -0500 Joseph Rowe

Today in video game personification news, World of Warcraft was found Death in its home, wearing nothing but a panda costume. Neighboring MMO Tera could not be reached for comments. The cause of death has been determined as a loss of subscribers. Although foul play is a possibility, no WoW killer has been announced.

In all seriousness, the total subscribers for Warcraft has gone down from the "over 10 million" at MoP's launch to 9.6 million. Although the jump might seem a bit big, this is par for the course after expansion releases.

To deter subscribers from leaving and to lure back those who have unsubscribed, Blizzard has been releasing patches at a much faster rate. VG247 states that Blizzard's next update will come out in the next few weeks.

It was always funny to me when I'd see journalists make a fuss over the drop off after an expansion comes out. It's been this way since Burning Crusade. Sometimes the drop offs are more steep, but WoW is still the #1 subscription based MMO.