Major push: Activision Blizzard is creating a new division dedicated to competitive gaming, or e-sports, which Bornstein will head up.
Activision Blizzard Inc plans to announce layoffs Feb 12 in the face of slowing sales, according to people familiar with the matter, bringing fresh upheaval to a videogame industry hurt by spotty results last week.
The cuts, which could number in the hundreds, are part of a restructuring aimed at centralizing functions and boosting profit, said one of the people, who asked not to be identified because the changes haven’t been announced. Activision employed 9,800 people at the end of 2017.
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