Today, Activision Blizzard has announced that its Call of Duty Endowment has reached his goal of supporting and funding the placement of 50,000 US and UK veterans into jobs a year ahead of its end-of-2019 deadline.
The Endowment's initial goal was to partner with existing veteran employment assistance organizations and fund these placements to reach 25,000 employed by the end of 2018. When that goal was met two years ahead of schedule, a new goal of 50,000 by the end of 2019 was set.
With that goal met as well, a new milestone has been set by the Endowment: 100,000 veterans placed by 2024.
In connection with the Call of Duty Endowment, veterans have found work at companies such as Amazon, Apple, Bank of America, Deloitte, Delta, IBM, Lockheed Martin, Microsoft, Nike, and SpaceX. To accomplish this, the Endowment has partnered with various non-profit veteran employment groups, having awarded over $28 million in grants since its start.
"Placing fifty thousand veterans in meaningful jobs is significant - that's the equivalent of more than half the U.S. Army's annual recruit class," said Endowment executive director Dan Goldenberg. "By finding and funding world-class organizations and with the unwavering support of Activision Blizzard, we were able to reach our goal ahead of schedule.
"Our approach is to marry common sense business practices with philanthropy, which enables us to place vets in jobs at about 1/6 the cost per placement of U.S. Department of Labor efforts. We are proud of, and share this achievement with, all of our grantees who have worked tirelessly towards our shared goal."