Gamers Are Calling Out Activision Blizzard After Layoff Announcement
Gamers are mad at Activision Blizzard after the firm laid off nearly 200 workers because its CEO is set to be given a huge cash benefit of $200 million.
Bloomberg’s Jason Schreier reported earlier that Activision Blizzard laid off 190 workers across several sections, including 50 workers who worked on esports programming. A spokesperson for Activision said that the cuts were made due to losses caused by the coronavirus pandemic that canceled past year’s leading esports events. The project cuts arrive following a hugely successful year for the company that saw its stock share price hit its greatest point since 1984. Activision Blizzard CEO Bobby Kotick can also be set to get a $200 million cash as part of this”Shareholder Value Creation Incentive” supply is his job, regardless of the layoffs.
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The supply loophole enables Kotick to accumulate a complete performance money payout no matter if Activision Blizzard’s landmarks were fulfilled rewards dating all of the ways back to 2017. Many players swarmed Twitter to voice disgust over Activision Blizzard terminating 190 workers while paying its CEO countless thousand bucks, particularly during a period as efficiently turbulent as the continuing pandemic-fueled downturn.
Many users on Twitter stated Activision Blizzard would likely save money and tasks by just firing Kotick. This argument was created by consumer MisterKontos, who added that the firm wouldn’t eliminate anything worth fretting about by shooting Kotick.
Many users on Twitter said Activision Blizzard would probably save more money and jobs by simply firing Kotick. This argument was made by user MisterKontos, who added that the company would not lose anything worth worrying about by firing Kotick.