Hm.

Feb 29, 2012 13:53

I got laid off today. Blizzard. I loved you so much. No amount of my killing myself to do the right thing was enough. I didn't cut corners. I never missed work except when really sick. I hope a find a new job quickly.

http://www.nasdaq.com/article/blizzard-entertainment-to-lay-off-about-600-jobs---quick-facts-20120229-01171
Blizzard Entertainment To Lay Off About 600 Jobs - Quick Facts

(RTTNews.com) - Blizzard Entertainment, Inc. , a division of Activision Blizzard (ATVI), announced a global reduction in workforce of approximately 600 employees. The company said that it anticipates approximately 90% of the affected employees will come from departments not related to game development. The World of Warcraft development team will not be impacted, the company said.

Blizzard noted that its current development and publishing schedules will not be impacted. The company stated that it will announce specific release plans for Diablo III in the near future, and it's continuing to drive aggressively toward beta testing for World of Warcraft: Mists of Pandaria, Blizzard DOTA, and StarCraft II: Heart of the Swarm.

The accounting charges associated with Blizzard's reduction in workforce are not anticipated to be material to Activision Blizzard, Inc. and were included previously announced 2012 financial outlook, the company said.

On February 9, 2012, Activision Blizzard said that it expects earnings of $0.63 per share, and adjusted earnings of $0.94 per share for the calendar year 2012. Activision expects 2012 net revenues of $4.15 billion and adjusted net revenues of $4.50 billion.

Analysts polled by Thomson Reuters expect the company to report earnings of $0.95 per share on revenues of $4.58 billion for fiscal 2012. Analysts' estimates typically exclude special items.

For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com
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