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Activision Blizzard is broken

Brendan Sinclair pens an interesting piece about the broken culture at ATVI:

Activision Blizzard reported record annual results Tuesday, including an all-time high earnings per share of $2.35. The employees whose work brought in those record profits were rewarded by seeing 8% of their ranks--roughly 800 people--laid off. Adding insult to injury, the Activision Blizzard that didn't have enough money to keep these employees on staff announced a cash dividend of $0.37 per share to shareholders, up 9% year-over-year. That is also the largest year-end dividend Activision Blizzard has ever issued.
-- Brendan Sinclair,