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Kotick: A disciplined strategy won't include "wholesale layoffs" in 2009

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Following the release of fourth quarter financials, Bobby Kotick has said that Activision is not planning on going the layoff route most publishers are suffering at present.

"We won't be distracted by layoffs and restructuring and things that other companies are going to be distracted with," Kotick told Reuters in an interview.

"We don't respond to managing our operating expenses because there's a financial crisis, we do it all the time."

Activision reported a net loss of $72 million for Q4 2008.

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

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