In a recent annual report Activision Blizzard has said that it is facing an increased attrition rate after ongoing legal action.
The annual report (via Axios) states that recent legal proceedings regarding alleged workplace harassment and strikes over QA layoffs may be responsible for an increased attrition rate at the company, and is also causing difficulty in attracting new staff members.
The report said: “We are experiencing adverse effects related to concerns raised about our workplace. If we experience significantly reduced productivity, significant worker protests or strikes in regards to these matters, significant continued loss of sponsors, advertisers or players, or other negative consequences relating to these matters, our business could be materially adversely impacted.”
The report continues, saying that Activision Blizzard may not be able to conduct business if it is unable to attract, retain, and motivate skilled personnel.
“We have observed labour shortages, increasing competition for talent, and increasing attrition. We are experiencing increased difficulty in attracting and retaining skilled personnel. For example, we observed a significantly higher turnover rate of our human resources function in 2021.”
