Activision Blizzard reportedly laying off "hundreds" of staff Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Activision Blizzard reportedly laying off "hundreds" of staff The redundancies are thought to primarily affect sales and marketing positions. News by Vikki Blake Contributor Updated on 10 Feb 2019 57 comments Activision Blizzard is reportedly laying off "hundreds" of staff on Tuesday amid restructuring rumours that plan to "centralise functions and boost profits". According to a report by Bloomberg, "people familiar with the matter" - who have asked to remain anonymous - have confirmed the cuts will be announced ahead of the company's scheduled quarterly earnings call on Tuesday. Kotaku reports that some staff think "they're pretty sure they're safe", whilst "others say they fear they will no longer have jobs next week". It's thought that the layoffs will primarily affect staff outside the development teams, such as marketing, publishing, and sales. It's been a tumultuous time for Activision Blizzard, which only recently parted ways with its CFO, Spencer Neumann, while Blizzard CEO Mike Morhaime stepped down in October, to be replaced by J. Allen Brack. Interestingly, the replacement post was as president, not as CEO. Activision Blizzard also recently parted company with Destiny developer, Bungie, a decision that is thought to "reduce annual revenue by as much as $400 million". While Activision Blizzard's Q3 2018 financial results reported revenues of $1.51bn (£1.16bn) which was up on the firm expected revenues of $1.49bn, it's down year-on-year as it made $1.61bn (£1.24bn) during the same period in 2017. Then-CFO Neumann said the "key contributors" were "Call of Duty's digital in-game revenue and Destiny 2: Forsaken, although the latter underperformed [to their] expectations". The rumours have already affected share prices, which dropped 2.5 per cent on Friday alone. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 61 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 5 Google announces cloud gaming Chromebooks less than a fortnight after Stadia shutdown GeForce Now preinstalled. 11 Latest Articles Digital Foundry Sennheiser's legendary HD 599 open-back headphones are just £70 at Amazon in the Prime Early Access Sale Comfortable with neutral sound and a wide sound stage. Preview Football Manager's new Console edition is the best you'll get without a PC Getting Touch-right. 1 Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 61 Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store