While some developers and publishers have been seeing great success of late, this is not true for all of them. Bloomberg is reporting Activision Blizzard may be laying off hundreds of its employees on Tuesday. This follows slowing sales for the company's games, resulting in a drop in stock value, and may be part of a restructuring meant to centralize functions and improve profits. Analyst expectations are for Activision's sales to decline 2% this year, which would translate to about $7.62 billion.
Some of this news might not be too surprising as back in November on a conference call Activision acknowledged Overwatch and Hearthstone were seeing their player numbers flatten or even decline and Destiny 2: Forsaken sales were disappointing. Also now Bungie has split from the company and a number of executives have left Activision over the past year too.
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