Activision-Blizzard's last 24 hours have been a wild ride, and a travesty for its workers
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In An Industry Of Imagined Corporate Villainy, Activision Blizzard's Layoffs Seem Uniquely CruelRecord revenue, a poor outlook, mass layoffs, a divided increase, a stock jump. Activision-Blizzard's last 24 hours have been a wild ride, and a travesty for its workers.
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Activision Blizzard earnings and forecast come up short of expectations amid layoffs
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Stocks making the biggest moves after hours: Activision Blizzard, TripAdvisor, Akamai and moreSee which stocks are posting big moves after the bell on February 12.
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Activision Blizzard to lay off 8% of workforce – more than 780 employeesThe company is laying off approximately 8% of its workforce in the face of drastically lowered revenue expectations for 2019. Based on a reported workforce of 9,800, more than 780 Activision employees could be out of a job in the coming months.
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Activision Blizzard down 50 percent in four months, and strategist says 'stay away'Activision Blizzard has sunk more than 50 percent in four months as video gaming competition heats up. One technician warns investors to stay away, but another strategist likes it long term.
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'Apex Legends' Just Made All Activision-Blizzard's Current Problems Even WorseIt’s grim tidings for Activision-Blizzard today, as after its earnings call, there are expected to be significant layoffs across the company as it tries to tighten its belt and get back on track. And EA's Apex Legends is not helping in the least.
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'Apex Legends' Just Made All Activision-Blizzard's Current Problems Even WorseIt’s grim tidings for Activision-Blizzard today, as after its earnings call, there are expected to be significant layoffs across the company as it tries to tighten its belt and get back on track. And EA's Apex Legends is not helping in the least.
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Activision Blizzard falls after missing on revenue and giving weak 2019 guidanceThe gaming company has revealed headwinds in recent weeks, reportedly planning hundreds of layoffs in response to sluggish sales.
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