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Benzinga
Benzinga
Politics
Anusuya Lahiri

FORGOTTEN HISTORY: Activision blizzard looks to convert temporary staff to full time roles - The Untold Story

  • Activision Blizzard Inc (NASDAQ:ATVI) looks to convert 1,100 U.S.-based temporary and contingent quality assurance workers of some divisions to full-time employees, starting July 1, Reuters reports.
  • Microsoft Corp's (NASDAQ:MSFT) acquisition target looks to raise the minimum hourly wages for the employees from the Activision Publishing and Blizzard divisions to $20 or more and offer them access to full company benefits.
  • Also Read: WSJ Says Activision Blizzard CEO Feigned Ignorance About Employee Sexual Misconduct For Several Years, Microsoft-Activision Deal Faces Regulatory Roadblock: WSJ
  • This change will expand the Activision Publishing division's total full-time staff by 25%.
  • The change follows a 2021 process across AP and Blizzard of converting temporary and contingent employees, including 500 at AP's studios, to permanent full-time employees.
  • Activision had faced flak for alleged sexual harassment incidents. The Microsoft-Activision deal also attracted regulatory scrutiny over possible violations of insider trading norms.
  • Price Action: ATVI shares closed at $80.11 on Thursday.
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