Blizzard/Activision celebrates record revenues by laying off 800 employees

Blizzard/Activision posted $7.5b in net revenues for 2018, and announced that it would lay off 800 of the employees who made those revenues possible, but fear not! The last time the company did a mass layoff (600 people in 2012), it generously rehired those people as temps, doing the same jobs for less pay, with no security or benefits. Read the rest

Activision Blizzard to buy Candy Crush game maker King Digital for $5.9 Billion

Activision Blizzard announced Monday evening that it plans to buy King Digital Entertainment, the maker of Candy Crush Saga, for about $5.9 billion. It's the third-largest video game industry deal ever. It's quite a dollar amount, but it's significant for other reasons, too. Read the rest