Activision Blizzard Provides Update on Workplace Initiatives
September 21 2021 - 06:30AM
Business Wire
Company Continues to Work with Regulators to
Resolve and Address Workplace Issues
Activision Blizzard, Inc. (Nasdaq: ATVI) said today that it
continues to work with regulators on addressing and resolving
workplace complaints it has received. The Company also provided an
update on recent initiatives to achieve its goal of ensuring a
workplace that is inspiring, equitable, and respectful to all.
Bobby Kotick, Chief Executive Officer of Activision Blizzard,
said, “We are deeply committed to making Activision Blizzard one of
the best, most inclusive places to work anywhere. There is
absolutely no place anywhere in our Company for discrimination,
harassment, or unequal treatment of any kind. While we continue to
work in good faith with regulators to address and resolve past
workplace issues, we also continue to move ahead with our own
initiatives to ensure that we are the very best place to work. We
remain committed to addressing all workplace issues in a forthright
and prompt manner.”
Kotick also said that the Company continues to productively
engage with regulators, including the U.S. Equal Employment
Opportunity Commission (EEOC), the National Labor Relations Board
(NLRB), and the California Department of Fair Employment and
Housing (DFEH) with the goal of improving its workplace policies
and procedures and ensuring compliance.
The Company is actively engaged in continued discussions with
the EEOC and has cooperated with the EEOC’s investigation
concerning certain employment practices. It also confirmed that it
is complying with a recent U.S. Securities and Exchange Commission
(SEC) subpoena issued to the Company and several current and former
employees and executives regarding disclosures on employment
matters and related issues. The Company is confident in its prior
disclosures and is cooperating with the SEC’s investigation.
Activision Blizzard has made a number of important improvements
including significant changes to personnel, exiting a number of
employees, and expanding compliance resources. In addition, the
Company has refreshed its HR organization and, this week, will
welcome a new Chief People Officer, Julie Hodges, who joins the
Company from The Walt Disney Company. The Company has also expanded
training, performance management, and anti-harassment
resources.
The Company remains committed to ensuring it is the most
welcoming, inclusive game company and connecting and engaging its
400 million players through epic entertainment created by the very
best people in the industry.
About Activision Blizzard
Our mission, to connect and engage the world through epic
entertainment has never been more important. Through communities
rooted in our video game franchises we enable hundreds of millions
of people to experience joy, thrill and achievement. We enable
social connections through the lens of fun, and we foster purpose
and a sense of accomplishment through healthy competition. Like
sport, but with greater accessibility, our players can find purpose
and meaning through competitive gaming. Video games, unlike any
other social or entertainment media, have the ability to break down
the barriers that can inhibit tolerance and understanding.
Celebrating differences is at the core of our culture and ensures
we can create games for players of diverse backgrounds in the 190
countries our games are played.
As a member of the Fortune 500 and as a component company of the
S&P 500, we have an extraordinary track record of delivering
superior shareholder returns for over 30 years.
Our enduring franchises are some of the world’s most popular,
including Call of Duty®, Crash Bandicoot™, World of Warcraft®,
Overwatch®, Hearthstone®, Diablo®, StarCraft®, Candy Crush™, Bubble
Witch™, Pet Rescue™ and Farm Heroes™. Our sustained success has
enabled the company to support corporate social responsibility
initiatives that are directly tied to our franchises. As an
example, our Call of Duty Endowment has helped find employment for
over 85,000 veterans.
Learn more information about Activision Blizzard and how we
connect and engage the world through epic entertainment on the
company's website, www.activisionblizzard.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of
1995. We may, in some cases, use terms such as “predicts,”
“believes,” “potential,” “proposed,” “continue,” “estimates,”
“anticipates,” “expects,” “plans,” “intends,” “may,” “could,”
“might,” “will,” “should” or other words that convey uncertainty of
future events or outcomes to identify these forward-looking
statements. Such statements are subject to numerous important
factors, risks and uncertainties that may cause actual events or
results to differ materially from the Company’s current
expectations. These and other risks are described in the Company’s
periodic reports, including the annual report on Form 10-K,
quarterly reports on Form 10-Q and current reports on Form 8-K,
filed with or furnished to the Securities and Exchange Commission
and available at www.sec.gov. Any forward-looking statements that
the Company makes in this press release speak only as of the date
of this press release. The Company assumes no obligation to update
forward-looking statements whether as a result of new information,
future events or otherwise, after the date of this press
release.
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