Activision Blizzard to Recognize and Begin Negotiations with CWA
June 10 2022 - 9:05AM
Business Wire
Activision Blizzard, Inc. (Nasdaq: ATVI) CEO Bobby Kotick today
sent the following letter to all US employees:
June 10, 2022
Team,
I wanted to share the news that we will begin negotiations with
the Communications Workers of America related to the 27 quality
assurance employees at Raven Software, the majority of whom have
chosen to be represented by this union. With the election having
concluded, we will engage in good faith negotiations to enter into
a collective bargaining agreement.
While first labor contracts can take some time to complete, we
will meet CWA leaders at the bargaining table and work toward an
agreement that supports the success of all our employees, that
further strengthens our commitment to create the industry’s best,
most welcoming and inclusive workplace, and enhances our ability to
deliver world class games for our players.
We begin this process after major investments in our QA team
members over the past couple years, including significantly
increasing starting pay for QA specialists and converting over
1,100 U.S.-based temporary and contingent QA workers to full-time
positions. This conversion is providing access to comprehensive
company benefits for QA employees and their eligible dependents. In
addition, we have expanded access to performance bonuses for QA
employees and learning and development opportunities. We also have
integrated QA more seamlessly into the game development process,
increasing collaboration that results in better products for our
players and more opportunities for our teams.
This is a time of great opportunity for our company. I want to
thank you for the passion, skill, and commitment you bring each day
to create great games, to embrace opportunities to make this the
industry’s very best place to work, and to connect and engage our
players around the world.
With appreciation,
Bobby
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™, Warcraft®, Overwatch®,
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 100,000 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: in this
press release that involve Activision Blizzard’s expectations,
plans, or intentions regarding the future, including statements
about negotiations with the Communications Workers of America are
forward-looking statements that are not facts and involve a number
of risks and uncertainties. We caution that a number of important
factors, many of which are beyond our control, could cause our
actual future circumstances to differ materially from those
expressed in any forward-looking statements, including the factors
that the good faith negotiations process allows each party to make
and advance their own proposals, does not require either party to
make concessions, and does not require agreement if the parties
cannot agree, and the factors identified in the risk factors
sections of Activision Blizzard’s most recent annual report on Form
10-K and any subsequent quarterly reports on Form 10-Q. The
forward-looking statements in this release are based upon
information available to Activision Blizzard as of the date of this
release, and Activision Blizzard does not assume any obligation to
update any such forward-looking statements. Forward-looking
statements believed to be true when made may ultimately prove to be
incorrect. These statements are subject to risks, uncertainties,
and other factors, some of which are beyond Activision Blizzard’s
control and may cause actual results to differ materially from
current expectations.
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