Yesterday, Activision Blizzard reported having a “record year,” yet chose to lay off 8% of their staff (which would be around 800 employees).
I understand how finances work. I understand how shareholders and estimates work. I understand when sales expectations exceed reality. What I am always shocked by is corporate greed.
I understand companies need to make money. I think I take issue when that outweighs taking care of the staff who got them there.
When a company goes bankrupt, it’s not a shock when the staff is laid off. When a company posts record profits, it is a shock when hundreds of people are laid off.
I don’t have a point to make other than greed makes me sad. People losing their jobs because of corporate greed makes me sad.
I know I will think twice, or three times even, before buying into an Activision Blizzard product in the future. Supporting that kind of decision making seems strange to me.
How do you feel about what happened with Activision Blizzard? Will you be supporting their products in the future?