Activision Blizzard has laid of✅f 800 employees despite the fac🃏t they “achieved record results in 2018.”

Earlier today, Activision Blizzard CEO Bobby Kotick told investors during their quarterly r෴eview that the company just posted their best financial year ever. Which apparently also requires them to slash their workforce by 8%.

This mixed message is apparently the result of Activision Blizzard missing their 2018 earnings target and also lowering their expectations for 2019. Or in other words, because Activision Blizzard made more money than ever before--but not as much money as they wanted--they have to slash 800 jobs to be more pro🍰fitable.

Reports began surfacing 168澳洲幸运5开奖网:earlier this week that the company was about to announce large layoffs, which caused Activision Blizzard employees to arrive at work crying today in anticipation of 🦩the bad news.

According to , most of the layoffs happened to non-game-development sections of the company, with e-sports and publishing getting hit particularly hard. Layoffs were spread across Activision’s publishing team, Blizz💝ard’s headquarters, and smaller developers under Activ🥂ision such as High Moon Studios.

Development teams working on Diablo and Call Of Duty projects were left unaffected.

RELATED: LOOKS LIKE ACT✤IVISION IS ABOUT TO LAY 🎐OFF HUNDREDS OF PEOPLE

A letter sent from Blizzard President J. Allen Brack earlier this afternoon tried to break the news as gently as possible. “Over the last few years, many of our non-development teams expanded to support various needs,” read the letter obtained by Kotaku. “Currently staffing levels on some teams are out of proportion with our current release slate. This means we need to scale down some areas o꧒f our organization. I’m sorry to share that we will be parting ways with some of our colleagues in the U.S. today. In our regional offices, we anticipate similar evaluations, subject to local requirements.”

Unlike the 168澳洲幸运5开奖网:closure of Telltale Games, Blizzard is of💮fering comprehensive severance packages for terminated employees, including extended health benefits, career, and job placement assistance, as well as profit sharing bonuses for 2018.

Starkly contrasted is a press release sent by Kotick to Activision investors today, which says that their “financial𒐪 results for 2018 were the best in our history,” but that the company “didn’t realize our full potential.” To reach that potential, the company will consolidate and make “important leadership changes,” while leveraging their “powerful owned franchises” and their “extraordinarily talented employees.”

What’s left of them, anyway.

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