Activision Blizzard to Cut Jobs

In its quest to put together an "all-star team", Activision will be cutting jobs.

Speaking in an interview, the new company's chief financial officer, Thomas Tippl, said, “With every merger, there is overlap and redundancy, and so the same will be true here. Of course we’re going to go to our customers with one face. We don’t need two sales forces.”

He tried to soften the blow a little, saying, “Having said that, if you look at our industry, it’s rapidly growing – last year it grew 30 per cent. So over time I expect our headcount to grow.

“But in the short term we will exterminate some of our overlap through redundancy – but we will treat people respectfully.

“We will try to put the best team together – the all-star team. We’ll update both companies’ skill and experience levels and become a formidable company”, he added.

The merger of Activision and Blizzard, which was announced last year, became reality earlier this month.

^{Source: MCV}