Activision Blizzard admits it has trouble hiring and retaining talent

During her annual report, Activision Blizzard has admitted that it faces difficulties in hiring new staff and retaining existing ones for a number of factors.

The publishing powerhouse has been receiving a lot of bad press lately over allegations of sexual misconduct and harassment of female employees. The company believes ongoing lawsuits and negative press coverage are partly to blame for its recruiting problems.

We are experiencing increasing difficulties in attracting and retaining skilled personnel. In 2021, for example, we saw a significantly higher turnover of our human resources function.

In addition, recent lawsuits involving the company related to workplace and employee concerns… and related media coverage can be expected to negatively impact our ability to attract and retain employees and have resulted in work stoppages .

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Microsoft announced earlier this year that it plans to buy Activision Blizzard in a massive $68.7 billion deal, which is by far the biggest deal the gaming industry has seen to date.

Bobby Kotick, the current CEO of Activision Blizzard, has recently been criticized for his handling of allegations of sexual misconduct within the company. Furthermore, a new report claims that Kotick plans to leave Activision after Microsoft’s acquisition of the publisher is completed.

[Source – Axios]