Activision Blizzard Esports will lay off around 50 employees, according to a report released today by Sports Business Journal. UPDATE: Reports suggest the total figure of laid-off employees is actually closer to 190.
The layoffs come as a cost-saving and restructuring measure, according to the company. While the company emphasized the pandemic as a cause for the layoffs, Activision Blizzard has laid off more than 800 employees over the last two years despite bringing in massive profits and offering CEO payouts.
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The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source. We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.