And a lot of folks are trying to justify this as belt tightening and increasing profits and so on. Remember that Activision is the company that chased out the founders of Infinity Wars in dramatic fashion, escorting them from the building and so on. The creators of this little game called Call of Duty. These lay offs might be belt tightening, but don’t take the Activision line that these are not development staff at face value. As so many developers have pointed out in recent days, many community managers work directly on the improvements the community suggest. The fact that it is so many senior memember is Blizzard says a lot about why the people were chosen to be laid off.
Edit: On one more note, there has been no official press release from Activision on these layoffs. The earnings call was the only place they have discussed is in any public fashion and that was to brag about their record earnings and pay out increase to share holders.