‘Call of Duty’ maker Activision Blizzard plans to lay off hundreds of employees — reports

Activision Blizzard may soon announce layoffs in an attempt to boost profit, following lower sales in 2018 that has been felt too among other gaming giants. Sources told Bloomberg in a Friday, Feb. 8 report that hundreds of job cuts are expected as the American video game restructures to improve its profits. Stocks fell from a high of $84.68 (about P4,400) to $43.41 (about P2,200) on Friday, more than a 48 percent decline. The company, which is behind titles such as "Guitar Hero", "Call of Duty" and "Diablo", admitted in a conference last November that there was a user decline for games which include "Overwatch". While Activision Blizzard is the parent company, Activision and ...

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