Activision Blizzard, which acquired King in 2015 to 50 billion, reducing the workforce after the most recent quarterly report. Speljätten reported a lower turnover than expected in the fourth quarter of 2018 and will lay off 800 people, which represents approximately 8% of all employees.
”Although our financial results for the year 2018 was the best in our history, so we could not achieve our full potential,” said ceo Bobby Kotick in a press release, according to TT. The company will not release any new storspel during the year and flying the flag for a deterioration in the financial result for the american spelkoncernen 2019.
Kings communications manager Charley Tesch to the company closing some of their studios in San Francisco and Seattle: ”We take these difficult decisions for us to be able to grow in a sustainable way. We believe that these changes, we can do just that, and are confident in our approach.”
King also has offices in the united states that are not involved with game development.
Activision Blizzard will continue to invest in its most successful games, including ”Call of duty” and ”Heartsone”, as well as king’s ”Candy crush”.
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