Day: March 3, 2019

Activision-Blizzard warns investors that job cuts could hurt its business
News

Activision-Blizzard warns investors that job cuts could hurt its business

Activision-Blizzard’s recent decision to lay off 8% of its workforce may have negative consequences on the company’s revenues, according to its annual 10-K filing with the US Securities and Exchange Commission.
In a section covering risk factors, Activision says the restructuring the company announced in February that eliminated about 800 jobs may prove costly for the company. read more