Activision Blizzard is quite satisfied with results for second quarter of 2020 in Covid-19 pandemic period. But there is an inconsistency in this situation because this news came only a few days after workers decided to collaborate on a spreadsheet, which is designed to point out pay inequity.
The engineers and producers at Blizzard earn six-figure salary, while the employees in customer service and quality assurance hardly reach the minimum wage. Some employers stay silent in order to make use of sharing cost-cutting tips like skipping meals and using the company’s free coffee to suppress hunger. An employee who have been at this company for years told that they are making less today, compared to 10 years ago partly due to paltry raises and changes in overtime hours.
If you told someone these news about such a big company, they probably would say “You can’t be serious!”. But the fact is that and the Activision Blizzard’s net revenue is $500.000.000 for the visual learners out there, compared to this time last year, with $768 million in operating cash flow.
The employers who worked at Activision Blizzard company experienced situations like this before. For instance, in 2018, %8 of the company’s staff-approximately 800 workers-were fired, and this happened while the company congratulated themselves on a record-breaking earnings year.
While these all situations happen, there is another big problem. When the employers talk about the leadership of the company, they really express their feelings angrily because they say that the CEO of the company, Bobby Kotick, because he treats insensibly to the workers who want to leave from the company.
Kotick earns really big money from the company while contributing very little to Activision Blizzard’s works when compared to the workers. Kotick made $33.065.560 in 2016, over 300 times the average employee, according to a filing with the U.S. Security and Exchanges Commission.
CtW Investment Group executive director Dieter Waizenegger said that “While equity grants that exceed the total pay of peer companies would be objectionable in most circumstances, it is of special concern in this case because Activision Blizzard employees face job insecurity following layoffs of 800 employees in 2018, and typically earn less than one-third of 1 percent of the CEO’s earnings, with some employees, such as Junior Developers, making less than $40,000 a year while living in high-cost areas such as southern California”.
Most people are of the opinion that the actual workers who work hard to create good projects must earn accordingly. “When we play play the Call of Duty, it is thanks to the actual workers. Or when we spend days and night playing World of Warcraft the workers who work day and night are the heroes. But the fact is that the persons in the leadership earn the most money and they are the heroes who are fired when the company makes benefit of the games.” says a fan of the Call of Duty. After all these news and speeches, let’s what will happen in the Activision Blizzard company.