Rumors Point to Activision Blizzard Announcement of Layoffs on Tuesday

Rumors Point to Activision Blizzard Announcement of Layoffs on Tuesday
Tuesday, February 12th is the date for the next Activision Blizzard (ATVI) investor earnings call. According to Bloomberg, the company will also be announcing layoffs due to "slowing sales". The information has come through "people familiar with the matter". The move will be part of a restructuring initiative that may see hundreds of ATVI employees lose their jobs. It's "aimed at centralizing functions and boosting profit" according to the sources.