More layoffs, this time at Activision
The developer continues to mirror Electronic Arts, laying off about 7 percent of its work force after a bad financial quarter.
FULL STORY:
Activision has announced that it’s firing about 150 employees, or 7 percent of its total force, after disappointing results during the holiday season. The cuts don’t seem to be targeting any particular part of the company, and they are being described as part of the effort to “realign” things for next-gen production.
“We’re just trying [to] strike a balance between our near-term needs in ‘07 and our anticipated growth in ‘08,” said Activision’s Dyer to TheStreet.com.
EA’s month has looked pretty much the same, laying off more than 300 employees just before announcing that its holiday profits dropped 31 percent compared to 2004. Hey, guys, if it helps, we could use some bloggers with gaming expertise.
• Activision Lays Off 7% Of Workforce [Gamasutra]
