Equity Report AND Template
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Employees
As of December 31, 2019, Activision Blizzard
had approximately 9,200 total full-time and
part-time employees.
In a shareholder meeting the management
board announced an employee cut of
approximately 750 personnel from 2018
despite Activision Blizzard earning record
revenues.
Lay-Offs
The lay-offs mainly affected nonmanagement
divisions to reduce overall costs
across the development business units.
The CEO Answer
The company’s CEO Robert Kotick justified
the layoffs with a promise of the
reinvestment of the saved resources towards
development teams and an increased focus
on eSports and the core games of Activision
Blizzard.
Operating Model
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