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Activision To Lay Off 800 Workers As Video Game Sales Drop
AppleMagazine
|February 15, 2019
Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history.
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The cutbacks announced this week illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a relatively short lives before players move on to the next craze.
Right now, Epic Games’ “Fortnite” is a hot fad that has been siphoning attention — and potential sales — from the titles made by other companies.
Although Activision also still owns popular games such as “Call of Duty” and “Candy Crush,” it expects its revenue this year to fall by about 20 percent to $6.03 billion.
Diese Geschichte stammt aus der February 15, 2019-Ausgabe von AppleMagazine.
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