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Overwatch and Call Of Duty maker to cut 800 jobs
Video games publisher Activision Blizzard has announced it will lay off about 800 people, despite reporting record revenue in 2018. The company made $7.5bn (£5.8bn) last year, up from about $7bn in 2017. Its chief executive, Bobby Kotick, said the results were "the best in our history" but did not "realise our full potential".
[...] Most of the job losses would not be in game development departments, the company said. But many roles related to its e-sports business appear to have been cut. King's Seattle-based mobile game studio Z2Live will be closed entirely, with the loss of 78 jobs.
Activision's stock price had plunged in recent months. As part of the restructuring, the company will increase (by hiring?) the number of developers working on several of its franchises:
"The number of developers working on 'Call of Duty,' 'Candy Crush,' 'Overwatch,' 'Warcraft,' 'Hearthstone' and 'Diablo' in aggregate will increase approximately 20% over the course of 2019," Activision said in its release. "The company will fund this greater investment by de-prioritizing initiatives that are not meeting expectations and reducing certain non-development and administrative-related costs across the business."
Also at CNBC and The Hollywood Reporter.
(Score: 2) by The Mighty Buzzard on Thursday February 14 2019, @11:10AM (6 children)
I give not a fuck what Franklin or Eleanor had to say on anything economics related and even less of fuck what the UN has to say on anything at all.
My rights don't end where your fear begins.
(Score: 2) by aristarchus on Thursday February 14 2019, @04:20PM (3 children)
Funny, the rest to the people on your blog here seem to feel the same way about you! Poor Buzzy!
(Score: 2) by The Mighty Buzzard on Friday February 15 2019, @03:18AM (2 children)
I give not a fuck what the people think of me either, ari. Like my own opinions, my self image is not based on what others think. I do not crowdsource either my ego or my morality.
My rights don't end where your fear begins.
(Score: 2) by aristarchus on Friday February 15 2019, @08:15AM (1 child)
This is what intrigues me about you, Mighty Buzzard. You seem to be a stone-cold stupid conservative, but there are sparks of reason in your posts. Dim sparks, but sparks none the less.
Let me attempt to reform you. Yes, I know this is an endeavor neither sought nor welcomed, but just imagine the possible consequences! If aristarchus and TMB agreed on something, that would rock the world of SoylentNews, would it not? So try to keep up.
(Score: 2) by The Mighty Buzzard on Friday February 15 2019, @11:49AM
Look harder. I fit the classical definition of a liberal far better than of a conservative. I very much believe in doing right by those around you; treating them as equals until proven otherwise by speech or deed and helping those in need as you are able. I also believe the government has no business acting as the master of the people rather than their servant; liberty for all of its citizens, regardless of irrelevant qualities. There is no conflict between the two positions and neither is remotely conservative.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Thursday February 14 2019, @05:31PM (1 child)
Well of course you don't, they all suggest it might matter how you treat the disadvantaged. Switching gears like that might burn out whatever you have left of a mental clutch.
(Score: 2) by The Mighty Buzzard on Friday February 15 2019, @03:21AM
s/disadvantaged/lazy, greedy, little bitches/
FTFY. "The world owes you fuck-all" and "I should personally treat people decently" are not remotely contradictory concepts, so stop trying to conflate them.
My rights don't end where your fear begins.