Ahead of its fourth-quarter earnings report, Activision Blizzard has started the process of laying off members of its staff. During the call, it said the draw down will affect approximately 8% of its work force, or nearly 800 employees.
According to a report by Kotaku, a note has been sent to Activision Blizzard staff by Blizzard president J. Allen Brack stating “staffing levels on some teams are out of proportion with our current release slate. This means we need to scale down some areas of our organization.”
The press release accompanying the Q4 earnings report states Activision Blizzard will actually increase the size of development teams on “its biggest franchises, enabling teams to accelerate the pace and quality of content.”
Source: IGN.com Activision Blizzard Begins Laying Off Workers