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#1 Posted : Monday, July 11, 2022 1:10:40 AM(UTC)
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Former Disney executive Jessica Martinez joins Blizzard as the first head of culture in the company to address workplace issues. The appointment is as Blizzard's initiative to create an "more diverse, equitable and D2R Ladder Items inclusive workplace where employees at all levels are encouraged to grow, learn and bring their best selves to their work," Blizzard stated in an announcement.

Martinez was employed for 14 consecutive years at The Walt Disney Company, where she served as chief of staff as well as a key strategic advisor. She was responsible for strategy, communications, as well as employee engagement."When you create an "people-first" environment where teams feel at ease valued and appreciated, and work together toward a shared purpose the whole team benefits -- the employees, the players and the company," she added.

Activision Blizzard cites Microsoft deal and lower Call of Duty sales as reasons for the decline in revenues. Blizzard has issued a statement of its financials for the beginning Quarter of 2022. The company saw its revenues and net income decline year-over-year and less Call of Duty sales and the Microsoft deal being listed as the reasonsThe company reported lower earnings from Call of Duty, product cycle timing at Blizzard, and an "increase in professional and legal fees which is mainly due to the costs due to our proposed merger to Microsoft," among reasons of the decline.

During the first quarter, Call of Duty net bookings dropped year-on-year, owing to the decline in Vanguard sales as well as lower participation in Warzone.Blizzard's revenue also fell year-over-year, reflecting "product cycle timing for D2R Items for sale the Warcraft franchise.Diablo Immortal, which will come out on June 2 it has already received more than 30 million pre-registrations across iOS and Android
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