EPTBlizzard Announces Staff Reductions - Page 5
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Shockk
Germany2269 Posts
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Condor Hero
United States2931 Posts
On March 01 2012 04:50 royal.cze wrote: I wonder if Mikey boy took a salary cut. Compensation for 2010 Salary $749,665.00 Bonus $381,950.00 Restricted stock awards $5,583,600.00 All other compensation $23,908.00 Option awards $ $2,473,817.00 Non-equity incentive plan compensation $7,331,214.00 Change in pension value and nonqualified deferred compensation earnings $0.00 Total Compensation $16,544,154.00 Lol who gives a fuck what he makes. Blizzard is obviously wildly successful, you expect his salary to be janitor level? He should probably give himself a raise for reducing costs after firing all 600 people. That's how business works. | ||
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Ramuh
Germany238 Posts
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Excalibur_Z
United States12248 Posts
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Irave
United States9965 Posts
On March 01 2012 04:54 royal.cze wrote: LoL surpassed WoW in active players late last year and with the continuing stream of good MMOs being released they are bleeding but with the expansion interests will be reborn and it will retake the top of the mountain in player base. Wow still has over 10.5 million active subs, I wouldn't consider it near risk of being dead. Like you said the expansion will bring back the people that have quit this expansion. LoL is a beast in its own right, in fact I think its almost bigger than sc2 in Korea now. | ||
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Zaqwert
United States411 Posts
Anyone still honestly believe that Activision has no say over Blizzard's operations? | ||
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DarkPlasmaBall
United States46214 Posts
...lead personnel from StarCraft® II: Wings of Liberty will be replaced by destructible rocks... Great job guys. All your balance whining got Dustin Browder and David Kim fired. I hope you're all happy. But on a more serious note, it's always sad when a business downsizes. | ||
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Arisen
United States2382 Posts
Gl to all those let go. | ||
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iloveav
Poland1482 Posts
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RouaF
France4121 Posts
 Make millions of profits ? Fire people. | ||
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Silidons
United States2813 Posts
On March 01 2012 05:06 iloveav wrote: yeah... your right... 1.2 billion dollars anual income from WoW is too little to pay your workers... unnessecary spending is not how to run a successful business | ||
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darkscream
Canada2310 Posts
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eviltomahawk
United States11135 Posts
 . I hope they find a good future ahead of them. Anyways, a guy on Reddit had a really interesting comment about this: [–]i4ybrid (_) 25 points 1 hour ago (27|1) As the audience for WoW get more "seasoned", there should be fewer issues they have. You only talk to a CSR when something goes unexpectedly wrong, some billing issue or when you get hacked after all. Bugs get fixed, security gets ramped up for hacking, obviously CSRs won't be as needed. http://www.reddit.com/r/starcraft/comments/qbljk/massive_layoffs_at_blizzard/c3waonx It's not good news, but hopefully actual game development will not be affected, especially that of Starcraft. | ||
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j1nzo
Germany367 Posts
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Chargelot
2275 Posts
On March 01 2012 05:07 RouaF wrote: And that's how today's worlds rolls Make millions of profits ? Fire people.It's called capitalism. I know this is a difficult concept to understand, but companies exist to make money. That is the purpose of Blizzard, Apple, Microsoft, Starbucks, and every other place in the entire world that provides goods and services that come at some expense to the consumer. If you don't need 600 additional employees, you don't pay for them to sit in the office and not be utilized. You release them. Blizzard gave them all severance packages, and some other additional benefits. Knowing Blizzard, these were most likely wildly generous. tl;dr Companies don't make money by paying unnecessary people to fulfill unnecessary duties. | ||
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Blasterion
China10272 Posts
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NotSorry
United States6722 Posts
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Zaqwert
United States411 Posts
On March 01 2012 05:16 Chargelot wrote: It's called capitalism. I know this is a difficult concept to understand, but companies exist to make money. That is the purpose of Blizzard, Apple, Microsoft, Starbucks, and every other place in the entire world that provides goods and services that come at some expense to the consumer. If you don't need 600 additional employees, you don't pay for them to sit in the office and not be utilized. You release them. Blizzard gave them all severance packages, and some other additional benefits. Knowing Blizzard, these were most likely wildly generous. tl;dr Companies don't make money by paying unnecessary people to fulfill unnecessary duties. This is actually the problem with public companies. Private companies can have a soul, if the owner(s) care more about quality and people than money, the company works that way. I've worked for some private companies who had very generous and wonderful owners. They would choose to make 100 million and have employees be happy and make wonderful products than make 120 million and have employees be miserably and churn out crap. However with a publicly traded company, everything is impersonal. The stockholders are the owners and people who buy ActivisionBlizzard stock dont' give a damn about anything other than wanting their stock to go higher. Once a company goes public they are a slave to the stock price, they exist only to make it go up or to increase dividends. Everyone should have seen Blizzard's soul departing the second they no longer were owned by a few guys who had hearts and souls and instead owned by millions of faceless people who just see numbers on a spreadsheet. Such is life. Give it another decade and things will get really bad. Blizz will be churning out a lot of uninspired crap I fear. | ||
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ShadowWolf
United States197 Posts
On March 01 2012 05:02 Excalibur_Z wrote: I suppose this makes sense, and yeah it fits that it was mostly GM and Tech Support staff. That would also explain why they're looking to expand the ranks of the MVPs (unpaid but essentially support staff). Knowing Blizzard they probably had some pretty generous severance packages, so best of luck to you who were laid off in finding a new job. As much as getting laid off sucks and is really unfair to the people being laid off, nearly everyone who has been let go here has landed a job often times better than the one from which they were let go. Most big/good companies to work for have amazing severance and job placement packages, so it's really likely that most people will land something good. But for the people let go it's probably really hard to look at that optimistically. | ||
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JimmyJRaynor
Canada17686 Posts
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