Threat of Mobile Gaming Looms as Activision Revenue Drops by $1 Billion
March 11, 2020, 5:10 pm
One year after laying off nearly 800 staff members in a bid to cut costs, Activision Blizzard Inc. is struggling to regain its footing in a shifting industry. The Santa Monica-based game developer saw revenue drop by $1 billion in 2019, its first dip since 2015, and entered 2020 with several challenges, including competition from other mobile ...