Activision Blizzard to suffer job cuts
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In an interview with MCV, Activision Blizzard CFO Thomas Tippl said that, although the merger of Activision and Blizzard will lead to an "all-star team" of developers, overlaps will unfortunately result in redundancies.
"With every merger, there is overlap and redundancy, and so the same will be true here. Of course we’re going to go to our customers with one face. We don’t need two sales forces," he explained.
"But in the short term we will exterminate some of our overlap through redundancy – but we will treat people respectfully," he went on.
"We will try to put the best team together – the all-star team. We’ll update both companies’ skill and experience levels and become a formidable company."
More through the link.
By Mike Bowden