Activision Blizzard Reports Q4 Earnings, Layoffs Announced, Netease Partnership Extended

activision blizzard logo 2015

Activision Blizzard reported their Q4, 2018 earnings report today which missed analyst estimates; revenues came in at $2.84B while analysts expected $3.04B. The company also laid off ~8% of its total employees (775 employees) in non-development positions, mostly in publishing and eSports. On a more positive note, the company has committed to increasing its development budget with the total number [...]

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