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The firings came in the wake of a mass employee walkout, lawsuit, and SEC investigation over an alleged pervasive culture of gender bias. Activision Blizzard fired 20 employees for 'patterns' of ...
Parents of a former Activision Blizzard employee, Kerri Moynihan, a 32-year-old finance manager, who had committed suicide in 2017 during a corporate retreat, filed a wrongful death lawsuit against the company in March 2022 in Los Angeles Superior Court. The family's claims that Greg Restituito (their daughter's boss) "initially lied to ...
Activision Blizzard employees walked out of work for a second time this year on Tuesday, demanding that the company replace its CEO, Bobby Kotick, over reports
Microsoft will lay off roughly 1,900 people in its gaming division, according to a company memo seen by CNBC.The cuts come in conjunction with Blizzard president Mike Ybarra announcing he would ...
The first few months of the COVID-19 pandemic brought about a sharp increase in revenue for the gaming sector worldwide as people looked for indoor entertainment. [9] According to IDC, in 2020, revenue from mobile games climbed by 32.8% to $99.9 billion, while expenditure on digital PC and Mac games increased by 7.4% to $35.6 billion. [53]
ABK Workers Alliance (ABK standing for "Activision-Blizzard-King") is a group of organized workers from video game company Activision Blizzard.Formed in response to a July 2021 state lawsuit against the company for harassment and discriminatory work practices, the worker advocacy group A Better ABK organized walkouts and demonstrations against the company's policy and practices.
A little over three months after Microsoft closed its acquisition of Activision Blizzard, the tech giant is slashing the ranks of its gaming division. Microsoft Gaming CEO Phil Spencer announced ...
During the second quarter of 2020, the company's net revenues from digital channels reached $1.44bn due to the growing demand for online games driven by COVID-19 lockdowns. [60] By January 2021, the company's net value was estimated to be $72 billion based on its stock trading price due to the ongoing demand for video games from the COVID-19 ...