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Activision Blizzard Inc. fired dozens of its employees from various departments, including employees who worked in esports events and broadcasting.
According to game journalist Jason Schreier at Bloomberg, over 50 of the employees who were fired worked in live events for the company, handling esports programs such as the Overwatch League. Schreier claims that Activision Blizzard Inc. fired just under 190 employees, which is less than 2% of the total workforce.
The U.S workers will receive a minimum of 90 days of severance and access to health benefits, along with $200 in Battle.net gift cards.
"Players are increasingly choosing to connect with our games digitally and the e-sports team... has had to adapt its business due to the impact the pandemic has had on live events," an Activision Blizzard spokesperson tells Bloomberg https://t.co/lkzUO33kXi— Jason Schreier (@jasonschreier) March 16, 2021
“Players are increasingly choosing to connect with our games digitally and the e-sports team, much like traditional sports, entertainment and broadcasting industries, has had to adapt its business due to the impact the pandemic has had on live events,” a spokesperson from Activision Blizzard Inc told Bloomberg.
BlizzCon 2021 was held virtually last month due to the COVID-19 pandemic, and the company’s decision to mass fire employees could be an indication that it plans to move away from hosting live and in person events for good period of time.
According Gamespot, CEO Bobby Kotick is set to receive $200 million in a cash bonus for the increase in the value of the company’s shares. The news greatly upset the community of players especially that the company has been achieving record profits but continues to lay off more employees.