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Activision Blizzard highlights risk factors for negative impact of its job cuts on financial performance

Activision Blizzard highlights risk factors for negative impact of its job cuts on financial performance

Publishing giant Activision Blizzard has said that it is concerned about the potential negative effect the eight per cent workforce cull that it announced last month could have on its business.

In its annual report 10-K filing with the United States Securities and Exchange Commission, published on February 28th, Activision Blizzard is compelled to warn investors of any risk factors that may impact its financial performance.

Potential negative effects

Much of this section is devoted to fairly typical concerns it has reported before, including the company not being able to deliver popular games consistently, its dependence on a small number of franchises, managing its own growth and the potential for legal proceedings.

This time, however, Activision Blizzard has said one potential risk factor is that it might not be able to "realise the expected financial and operational benefits" of the job cuts it announced alongside its most recent financial results. Furthermore, the publisher has said that the cuts could actually "negatively impact" its business.

Head on over to PCGamesInsider.biz for more on the story.


Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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