Activision UK confirms job losses
Publisher "realigning structure" to reflect European market opportunities
In response to reports of redundancies across its UK business detailed by GamesIndustry.biz today, Activision has confirmed that it is currently realigning its structure - a move which it says is "ongoing".
It is understood that a number of job cuts are currently under way in the UK's marketing and IT departments as well as the company's European publishing sections.
Today, Activision confirmed: "We are realigning our structure to better reflect our slate and the market opportunities in Europe as well as directing our resources against the largest and most profitable business segments.
"Like any successful business, Activision Publishing consistently works to align its costs with its revenues - this is on ongoing process."
Along with the unspecified number of job cuts, the publisher has reorganised its executive team - promoting CEO Mike Griffith to vice chairman, and CFO Thomas Tippl to COO.
It has also split the company into four specific divisions to oversee its portfolio of titles, with one dedicated to the Call of Duty franchise, another to internal titles such as Guitar Hero, a specific third-party team and the Blizzard business.
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