Blizzard Entertainment, the creator of huge video game franchises like "Overwatch," "World of Warcraft," and "Hearthstone," is undergoing a big round of layoffs, Kotaku reports.
Activision Blizzard, the parent company of Blizzard, has seen its stock lose almost half its value since October 2018.
The move seems to confirm earlier new reports from Bloomberg.
Blizzard is responsible for flagship gaming franchises including "World of Warcraft," "Overwatch," "Hearthstone," and "Diablo."
In a memo to staff obtained by Kotaku, Blizzard leadership promised an "comprehensive severance package" to affected employees.
Kotaku reports that the job cuts could affect as many as hundreds of employees.