lay offs


While video game media titan Activision Blizzard, Inc. is planning on laying off 8% of their massive workforce, a total 400 employees at one of the company’s offices are still unsure if they are being cut. Back in 2007, Activision revealed that it would merge with Vivendi Games. As Vivendi Games is a holding company to Blizzard Entertainment, the company of Activision Blizzard, Inc. was quickly forged. Well, during the recent fiscal fourth quarter results conference call, CEO Bobby Kotick revealed that the company would be laying off numerous employees following a demand to “reduce complexity and duplication.” “We’re staffing up production on our incubation efforts faster, and increasing our investment in live services, in our tools, in our Battle.net platform, and in new areas like our fast growing esports and advertising efforts, but all with an intense focus on excellence, so we never disappoint our players.” Kotick said. “Our…