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65
Activision Blizzard CEO Bobby Kotick Cuts his Salary to Minimum and promises affirmative action hires to make 50% of the company (archive.vn)
posted 4 years ago by Galean 4 years ago by Galean +65 / -0
43 comments share
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Comments (43)
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▲ 33 ▼
– NotAGlowy 33 points 4 years ago +33 / -0

How fast can we help his company go bankrupt?

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▲ 9 ▼
– Minarchist_Manlet 9 points 4 years ago +9 / -0

Is this a job for c/WSBets?

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▲ 8 ▼
– spezpedobestfriend 8 points 4 years ago +8 / -0

Just hire the executive team at Bioware to run the EA studios, and EA will be bankrupt in under a year.

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▲ 4 ▼
– Assassin47 4 points 4 years ago +4 / -0

What we'd really be doing is tanking them so another corp that is just as pozzed but maybe less blatantly stupid can buy them out, which is fine with me.

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▲ 3 ▼
– deleted 3 points 4 years ago +3 / -0
▲ 27 ▼
– current_horror 27 points 4 years ago +27 / -0

I wish every woke company would pull this kind of open suicide.

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▲ 21 ▼
– MetalGearMk4 21 points 4 years ago +21 / -0

What's the fucking point this dude could take no pay at all for the remainder of his time there and still have billions leftover in his bank account

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▲ 15 ▼
– Galean [S] 15 points 4 years ago +15 / -0

According to a letter shared on the company's investor page he asked for his pay to be cut down to $62,500 with no bonuses or compensation on top of his salary until they have “achieved the transformational gender-related goals and other commitments".

commitment to raise the percentage of women and non-binary people who work at the company by 50% along with another $250 million to create and foster opportunities for diverse talent.

Do you know what will make Blizzard great again, more women.

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▲ 3 ▼
– censorthisss 3 points 4 years ago +3 / -0

Ummm how the fuck do they plan to identify which applicants are "non-binary"?

Or women, for that matter, since we all know that you can't determine gender just by looking at someone. /s

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▲ 20 ▼
– deleted 20 points 4 years ago +20 / -0
▲ 8 ▼
– Galean [S] 8 points 4 years ago +8 / -0

I was not planning on buying any other Blizz game, including Diablo 4.

Hopefully most competent guys are going to leave so the women will have to at least make their own crap.

And maybe, just maybe, some good guys from Blizzard will make their own games, based on fun and heart and not politics.

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▲ 2 ▼
– deleted 2 points 4 years ago +2 / -0
▲ 12 ▼
– deleted 12 points 4 years ago +12 / -0
▲ 3 ▼
– Galean [S] 3 points 4 years ago +3 / -0

What is the connection with Citibank? I'm not aware of it.

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▲ 6 ▼
– deleted 6 points 4 years ago +6 / -0
▲ 8 ▼
– DT990P 8 points 4 years ago +8 / -0

It’s a function of quantitative easing. The banks buy treasury bonds from the treasury department and then the fed buys those bonds from the member banks at a profit with cash printed out of thin air. The banks turn around and buy stocks driving prices higher. The other side of the quantitative easing mechanism is artificially low interest rates. The Fed keeps interest rates near zero so corporations can take big loans for practically nothing, in some cases like in Europe there are negative rates so the borrower pays back less. Corporations can then take the borrowed funds and buy back their own stocks driving up the share price. Shareholders are happy no matter what the employees shit out. It’s not just citi here, the Fed and it’s member banks are all subsidizing this shite.

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▲ 1 ▼
– deleted 1 point 4 years ago +1 / -0
▲ 8 ▼
– Careless_Ejaculator 8 points 4 years ago +8 / -0

I'm delighted to see wokey-doke Blizzard careening off a cliff like two dykes in a convertible.

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▲ 6 ▼
– Losferwords 6 points 4 years ago +6 / -0

It's the death rattle.

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▲ 2 ▼
– deleted 2 points 4 years ago +2 / -0
▲ 6 ▼
– Casualvagrancy 6 points 4 years ago +6 / -0

Time to sell some stock

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▲ 1 ▼
– deleted 1 point 4 years ago +1 / -0
▲ 6 ▼
– Steampunk_Moustache 6 points 4 years ago +6 / -0

Crashing this plane - with no survivors!

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▲ 5 ▼
– Decrixxx 5 points 4 years ago +5 / -0

Blizzard's putrescent corpse just had a spasm.

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▲ 4 ▼
– Immanuel57 4 points 4 years ago +4 / -0

hahahahahahaha

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▲ 4 ▼
– TeeBP 4 points 4 years ago +4 / -0

Next COD is gonna be gay af and they'll wonder why sales tanked

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▲ 1 ▼
– deleted 1 point 4 years ago +1 / -0
▲ 3 ▼
– Brennus 3 points 4 years ago +3 / -0

It’s crazy how quickly a sentence could go from that sounds good to never mind, wtf….that’s only going to make things worse

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▲ 3 ▼
– WeedleTLiar 3 points 4 years ago +3 / -0

Never have I ever bought a AAA game new.

I regret nothing.

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▲ 2 ▼
– deleted 2 points 4 years ago +2 / -0
▲ 1 ▼
– Galean [S] 1 point 4 years ago +1 / -0

Not really, it is temporary, he still makes money from his shares and he is already a billionaire. I do not think the financial impact is all that great.

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▲ 2 ▼
– zakat 2 points 4 years ago +2 / -0

I had the tiniest bit of hope that Blizzard might recover.
Put passionate and competent people in the appropriate roles. Let them have competent & passionate people working under them. I believe that even under Acti-Blizz they could've produced quality and fun games.

50% women or alphabet people? Nope.
That company is dead.

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▲ 1 ▼
– Shill4Hire 1 point 4 years ago +1 / -0

Not 50%.

50% MORE. Big difference.

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▲ 1 ▼
– Galean [S] 1 point 4 years ago +1 / -0

You are correct, it will be a 1/3 of the company. Still is going to be shit.

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▲ 2 ▼
– Erithal 2 points 4 years ago +2 / -0

I've read the source document. (Bullet point 2)[https://investor.activision.com/news-releases/news-release-details/letter-ceo-bobby-kotick-regarding-progress-and-commitments-made]

It's an increase by 50%, not to.

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▲ 1 ▼
– Galean [S] 1 point 4 years ago +1 / -0

Correct, I was wrong, is by 50%. Still that means 1/3 of the company so still incredibly bad but not as bad.

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▲ 37 ▼
– deleted 37 points 4 years ago +37 / -0
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– Careless_Ejaculator 19 points 4 years ago +19 / -0

At this stage of clown world, absolutely.

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▲ 2 ▼
– Sk8rboi 2 points 4 years ago +2 / -0

Yeah, cause Mark other on job applications

Fucking amazing how racism is back, in the name of not being racist

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▲ 17 ▼
– deleted 17 points 4 years ago +17 / -0
▲ 18 ▼
– Galean [S] 18 points 4 years ago +18 / -0

Mafia had class.

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▲ 7 ▼
– JustHereForTheSalmon 7 points 4 years ago +7 / -0

And they gave customers what they wanted.

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▲ 17 ▼
– deleted 17 points 4 years ago +17 / -0

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