Activision Blizzard Esports Hit With Layoffs As Overwatch League's Future Remains Undecided

Activision Blizzard has laid off around 50 employees, according to a new report from The Verge. This news arrives the same day Activision Blizzard releasedits Fiscal Year 2023 Q2 results, which highlights a murky future for the company's esports efforts despite an otherwise financially successful quarter for the Overwatch 2 maker. Activision Blizzard's results show that net bookings grew 50% year-over-year in the second quarter, from $1.64 billion to $2.46 billion, due to a lucrative Diablo IV l...