activision blizzard News

In response to calls for their resignation, Activision Blizzard CEO Bobby Kotick and members of the company’s board of directors have formed a Workplace Responsibility Committee that will oversee the implementation of new policies, procedures, and commitments aimed at improving workplace culture and preventing future instances of harassment and discrimination within the company. The new committee is currently comprised of [...]

Activision Blizzard CEO Bobby Kotick remains in the public’s crosshairs following last week’s Wall Street Journal bombshell. The article accused Kotick of hiding out-of-court settlements for rape cases from the company’s board of directors and investors and also gave evidence that the CEO wrote Fran Townsend’s email that he later called “tone deaf.” Employees, investors, and even the heads of [...]

This week’s burning Wall Street Journal exposé is stirring up all kinds of trouble over at Activision Blizzard as workers stage walkouts in addition to calls for Bobby Kotick’s resignation under his own “zero tolerance” policy. Unsurprisingly, the CEO refused to step down from his post and even got support from the company’s board of directors. According to the Washington [...]

All the drama surrounding Blizzard must be having an impact on the company, as Activision Blizzard stock plunged 15% the day after releasing their earnings, down almost $12 per share, which wiped nearly $10B from the company's market cap (market value of the entire company). While Revenues were in-line with Wall Street expectations ($1.88B), profits were actually higher than expected [...]

In a surprising twist on the ongoing web of Activision Blizzard legal problems, the California Department of Fair Employment and Housing and the SEC’s Equal Employment Opportunity Commission are now at odds with each other over alleged ethical violations and conflict of interest with regard to the DFEH legal team. The DFEH filed a motion last week to block a [...]

Activision Blizzard is currently in the crosshairs of multiple government agencies over its frat boy workplace culture and allegations of sexual harassment and gender discrimination within the company. There’s California’s Department of Fair Employment and Housing, which filed a lawsuit against the company back in July, as well as the National Labor Relations Board, the U.S. Securities and Exchange Commission, [...]

As if a state-sanctioned sexual harassment lawsuit wasn’t enough, Activision Blizzard is now being investigated by the US Securities and Exchange Commission for how the company handled employees’ complaints of sexual misconduct and discrimination within its walls. According to the Wall Street Journal, the SEC has subpoenaed the company and its executives, including CEO Bobby Kotick, asking for various records [...]