https://www.pcgamer.com/report-activision-will-be-hit-with-substantial-layoffs-next-week/

Bloomberg is reporting that Activision Blizzard will announce job cuts on February 12 that could number in the hundreds. The report says that the cuts come as part of a restructuring "aimed at centralizing functions and boosting profit." 

The cuts will follow a tumultuous stretch for Activision, which reported stable Overwatch monthly active users in its Q3 2018 earnings report but a decline in Hearthstone, and also expressed disappointment in the performance of Destiny 2: Forsaken. Bungie subsequently split from Activision Blizzard last month, ending the companies' partnership earlier than expected.