I agree B34stM0d3. All we have is speculation. Nobody posting in this thread knows anything so I see no reason to presume so much. There's certainly no reason to call anyone "idiots" or "evil" - that's just silly hyperbole.
Well..since Blizz didn't come out and say they were losing money...then it would be safe to assume that they are just making less of a profit. Couldn't these employees have been utilized in other Blizzard/Activision departments?As someone who played the market in my younger days...these moves were usually made to shore up numbers for investor consumption. Stocks are a source of revenue for the company.But it does appear very callous to layoff people in these economic times when the big boys of this company are being so grossly compensated as seen in the link below.http://www.reuters.com/finance/stocks/companyOfficers?symbol=ATVI.OI guess what standard operations for Wallstreet/banking executives before the balloon busted is now good for Actiblizz executives.
http://investor.activision.com/releasedetail.cfm?ReleaseID=647732Check it out, Just more rich people getting more from the poor. This is a 20% cut in the workforce (or more). Think about it.
Charge brazil the full 15 dollars and rehire some of these people
What bothers me about this conversation so far is the assumption that Blizzard removed superfluous positions.Wouldn't it be nice to have a ticket response within the hour, instead of waiting a day (or sometimes longer)? Wouldn't we be better off with a large content team that worked on continually updating old content, instead of having to split Cata resources between revamping the old and creating the new? Wouldn't you love to see spam bots stopped dead in their tracks, and trade chat asshats muzzled? These are all things that could be done, but it requires sacrificing some of that mountain of cash they got in profits. Why are you settling for a mediocre game when you could have a great game?I agree that the company will always try to make as much money for as little effort/overhead as possible. That doesn't make it ethical, or even defensible. This is why the consumer has to push back for a bigger and better product, and the worker has to push back for better pay and a fair work week. Because one of the ugly truths about downsizing is that it's often not about removing superfluous positions, but about making the remaining workers handle the workload of two or more workers while underpaying them for their trouble. As long as gaming companies can foist 'crunch time' on their employees (some studios - e.g. EA - have gotten into almost perpetual crunch cycles), the workers will continue to be burnt out, frustrated, demoralized, etc. That lowers the quality of the product, which means we get less for our buck. This affects all of us. Plus, hey - these people make our games. They spend their time figuring out how to make us happy. Shouldn't we want them to be happy too?
Activision-Blizzard =/= Blizzard. Those profits are including MW3.
I really don't understand much of the wrath people have against Cataclysm. I have played every expansion from Vanilla to Cataclysm and I have been constantly impressed with each expansion, more so by Cataclysm than any of the previous expansions. The new quest restructuring was extremely well done, particularly the Worgen and Goblin questlines. The talent restructuring has made leveling far more enjoyable by unlocking key spec-defining abilities early on. In short, Cataclysm was a success and had nothing to do with this.So with that aside, of course it is sad that 600 employees were laid off. My own theory is that any company as successful as Blizzard can tend to over-expand in certain departments, and this time it was in departments that were not related to producing the actual product they are selling. Blizzard is one of those companies that well, just about everyone would want to work for, and with so much success and involvement in international marketing and events, it was probably inevitable they would end up in a position where they would have to cut back. Of course cutting back will make the company healthier and they will be able to focus on producing more content which will make them more money. I would expect for at least some of the laid-off employees to end up working for Blizzard again some time in the future as Blizzard continues to expand.
The last sentence has not been fulfilled in quite some time..
Ok I have read many of the comments that have been posted on here and I do understand the profit statement that was linked by someone. That statement all on its own shows that Activison-Blizzard has actually taken a loss of profits over the previous years earnings. These earnings do not determine if the company can retain the employee staff that they currently have and making a profit does not prevent layoffs from happening.The sheer size of the company demands that there be hundreds of thousand employees both nationally and globally. It is very sad that there are 600 people losing their source of income to support their families and I wish them much luck in finding work in the fields that they are in.To respond to someone that stated that they could have just moved them to another department that was not being cut. I am sure that if the people were qualified enough for those positions then they were moved. Most companies offer internally before posting jobs for the "world" so that they can continue to keep the employees that they have and that also means that they do not have to train someone from scratch. They would just have to cross-train them for the new position.I do not agree with people bashing a CEO because of his net worth either. That money does not mean that he got it all from working for Blizzard or even Activision-Blizzard. People come into money in many different manners. Bloomberg for example received a $10 million severance package when he was younger and he has a net worth of over $19.5 billion. Before you can speak on someones net worth please make real sure that you "know for a fact" where that money came from. It does not say one bit how he came to have $1.8 billion net worth and for all you know he very well could have had a rich relative that passed away leaving him most of that money.We as a society need to learn to think about what we want to say or even type because if you had to let 600 valuable people go from your company. How would you handle the situation? How would you like to have people think that you are just trying to make your pockets larger? When in fact this is a business first and foremost. And I am sure that this decision was not made lightly.Again to those that were let go I want to wish you many luck in your future endeavors. I hope that you find work very quickly. And I hope that you and your families make it through these tough times with very little troubles. Godspeed.
hmmmmm, blizzard lays off 600 employees now i cant log in to wow because of a authenicator issue they are currently undergoing. makes me wonder if one of their former employees left a little something in the system after finding out he or she was being let go.