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Rumor: 100+ Staff to leave Eu Blizzard

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  • Rumor: 100+ Staff to leave Eu Blizzard

    100+ Staff to leave Eu Blizzard customer support via incetive program to quit the company. Yikes



    Sources inside Blizzard's Cork office, who asked to remain anonymous in order to protect their careers, told Eurogamer over 100 people have decided to leave the company, putting a significant strain on the customer service offering.

    These people have taken advantage of a voluntary program that offers staff money to leave Blizzard. Sources involved in this told Eurogamer that in the last few months, this program has been offered to staff at the Cork office at least five times, and the amount of money offered has increased.

    One source who took up Blizzard's offer, which amounted to a year's pay, said: "It was too good to pass up. This is voluntary, do not get me wrong. But when you see a pile a cash in front of you, over and over again, you start to lose hope and cannot see a great situation ahead."
    Source:

  • #2
    Yikes

    Activision Blizzard shares moved down 1 percent in after-hours trading on Monday after the company said that it has informed its chief financial officer, Spencer Neumann, that it plans to let him go. For now he has been placed on a paid leave of absence.

    The news comes after a rough year for the gaming company, whose shares have fallen 26 percent in 2018. Last month the company’s stock fell 10 percent after it reported a decline in its number of users.

    The plan to terminate Neumann, who joined in 2017 after a stint at Disney, is “unrelated to the Company’s financial reporting or disclosure controls and procedures,” according to a regulatory filing. Neumann will have a chance to argue that there isn’t reason to terminate his employment. But effective Tuesday, the company’s chief corporate officer, Dennis Durkin, will take on CFO responsibilities.

    Neumann, 48, received $9.47 million in total compensation in Activision Blizzard’s most recent fiscal year, a filing says. He sits on the board of the nonprofit Make-A-Wish Foundation of America.

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    • #3
      Can't blame them, even top guys are going to big companies like netflix and square.

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