Ahead of what looks to be a dim fourth-quarter earnings report, Activision Blizzard has started the process of laying off members of its staff.
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."
Activision Blizzard released its fourth quarter earnings report, citing "record net revenues" of $7.5 billion for 2018. However, operating cash flow was down significantly from 2017, from $2.21 billion last year to $1.79 billion for the year ending December 31, 2018.
from IGN All http://bit.ly/2TLevIL
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