Why is Blizzard laying off employees?

Share All sharing options for: Activision Blizzard lays off about 50 employees, citing COVID-19’s effects on its esports leagues. Activision Blizzard on Tuesday said it was laying off about 50 people across various divisions dealing predominantly with live events and esports as part of a restructuring.

What happened with Blizzard employees?

Three prominent Blizzard employees have been let go from the company, as first reported by Kotaku, marking the latest departures from the studio following a major sexual harassment lawsuit brought by the state of California.

Is Activision Blizzard a good place to work?

Activision Blizzard Recognized on Fortune’s “100 Best Companies to Work For®” List for Fourth Consecutive Year. SANTA MONICA, Calif. 91 percent of employees said they feel they can be themselves at Activision Blizzard . 91 percent also said that it’s a fun place to work.

How many employees did Blizzard lose?

Gaming giant Activision Blizzard says more than 20 employees have “exited” the company following numerous sexual harassment and discrimination claims. The firm has spent the last several months dealing with a handful of lawsuits and claims about its allegedly toxic workplace environment.

How much does the CEO of Activision make?

Bobby Kotick, chief executive officer of Activision Blizzard Earning $154.61 million in 2020, Kotick was the second-highest paid CEO nationwide, according to The Wall Street Journal.

Did Activision lose the lawsuit?

US EEOC. In addition to the ongoing suit with California’s Department of Fair Employment and Housing, the US Equal Employment Opportunity Commission launched actions against Activision Blizzard in late September. Almost immediately, Activision Blizzard revealed it had settled the case for $18 million.

Does Blizzard treat their employees well?

Blizzard does not care about their employees. They are one of a number of companies who treat people like equipment. They’re also the kind of company to judge people by superficial demographics instead of merit or character.

How much do Activision employees make?

How much does Activision pay? The average Activision salary ranges from approximately $85,252 per year for an Associate Producer to $255,616 per year for a Director. The average Activision hourly pay ranges from approximately $14 per hour for a Quality Assurance Tester to $35 per hour for a Programmer Analyst.

Has anyone been fired from Blizzard?

The embattled video game company Activision Blizzard has fired 20 employees over claims of harassment, the Financial Times reported on Tuesday, citing a letter sent to staff. In late July, California’s civil rights agency sued the company, alleging gender discrimination and sexual harassment.

Who has been fired from Blizzard?

August 11: Three long-time members of Blizzard Entertainment leadership depart the company. Diablo 4 game director Louis Barriga, lead level designer Jesse McCree, and World of Warcraft designer Jonathan LeCraft have all parted with Blizzard, Activision confirms.

How much did Activision-Blizzard’s CEO make during layoffs?

Update: In the wake of news of layoffs at Activision-Blizzard affecting between 50 and 190 employees, it’s being reported that Activision-Blizzard CEO Bobby Kotick could be set to pocket a payout of up to US$200 million based on a stock-related incentive clause in his employment contract.

What the hell happened at Activision Blizzard?

Share All sharing options for: What the hell happened at Activision Blizzard? On Tuesday afternoon, Activision Blizzard told approximately 800 employees they were being laid off.

Are Activision Blizzard executives remorseless?

As the call went on, it seemed that executives were largely remorseless, with the exception of Blizzard president J. Allen Brack, who expressed regret at the layoffs. Social media became a hotbed of anger as Activision Blizzard employees came out of meetings that signaled the end of their work, steady pay, health insurance, and stability.

How much money doesactivision make a year?

Activision made $7.5 billion in sales and $1.8 billion in profit last year. But in the eyes of management, the success wasn’t enough to keep the entire company employed. Record results. 800 employees out of work.