140°

Activision Blizzard Reports $1.95 Billion In Revenue For Q3, Will Hire 2,000 New Staff

ESTNN writes: "In an earnings call today, Activision Blizzard reported that Call of Duty had outperformed last year’s game. The company saw an increase in revenue by 38% year-on-year for this quarter.

Bobby Kotick said the company needs to now hire more than 2,000 people to meet its production demands. This is despite Activision Blizzard closing its Versailles Studio just a year after 800 staff were laid off from its global operations. Though most of those roles were non-developer roles, it will be little comfort to those that lost their jobs."

DaniMacYo1273d ago

For how long before they all get laid off too.

Seraphim1273d ago (Edited 1273d ago )

that was my thought. Hire 2,000 new staff only to terminate 4,000 jobs in a year or two. brilliant.

porkChop1273d ago

You wouldn't need to hire 2,000 people if you hadn't laid off all those employees to begin with.

lodossrage1273d ago

Don't be fooled with the "hiring new staff" thing here.

Those new hires will more than likely get less pay than the tenured people they let go did. A lot of shady companies pull this tactic. Rather than reward the long standing employees their raises and incentives, they fire them and then hire new people that potentially start at the bottom of the pay grade.

So yeah Activision is still ever so slimy

Cikatriz_ESP1273d ago

Exactly. Meanwhile, Bobby Kotick’s salary has gone through the roof and into orbit.

Cikatriz_ESP1273d ago

Top talent—the ones worth hiring—will steer clear because they know being employed at Activision Blizzard means being in constant fear of losing your job.

rlow11272d ago

@Cikatriz_ESP......I agree with, they will get a bunch of entry level people and the results will speak for themselves. The true vets will steer clear....unless the money is right.... freelancer possibly.

30°

Outriders Dev's Next Game Has Been Canceled After Publishing Agreement With Take-Two Fell Through

Outriders developer People Can Fly's next game has been canceled after its publishing agreement with Take-Two Interactive fell through.

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twistedvoxel.com
Tacoboto17h ago

"the capital group of PCF Group S.A."

If you're getting funding from a group that needs two different ways of Acronyming itself, things will not go the way you want them to.

banger8811h ago

If it was more online-only crap then good riddance.

80°

Escape from Tarkov Unheard Edition Reneges on Promised Content Behind $250 Price Tag

The new Escape from Tarkov Unheard Edition has the community in an outrage after promising exclusive access to the new PvE mode for $250 USD.

Christopher10h ago

$250? Do they not know all the other games that already exist or will be made in the future that can do similar?

SimpleDad2h ago(Edited 2h ago)

This is for the hardcore people that have 2500 h in the game. They basically play that one game the whole year.
Oh and those same people are mad as hell at this... what a way to reward fans of your game and annihilate newcomers.

170°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

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theverge.com
darthv7214h ago

Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.

solideagle1h ago

you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)

Cacabunga1h ago

I can tell people like you are an absolute minority..

If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.

shinoff218330m ago

But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.

purple1014h ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos3h ago

I'm not surprised surface is struggling they aren't relevant anymore

XBManiac2h ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

SimpleDad2h ago(Edited 2h ago)

"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."

That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.

purple1012h ago

Activision: "we gonna need a bigger rucksack/backpack please"

Microsoft: "why's that"

Activision: "to carry yo' weak ass'

Profchaos1h ago(Edited 1h ago)

Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk

It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD

Kornholic30m ago

So basically PS and PC gamers' money is keeping Xbox on life support.

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