Kotick revealed Tuesday that he gave out his personal phone number to 10,000 workers and said he “encouraged every single employee that has a concern that relates to their health care” to contact him. A “few hundred” have reached out so far, he told CNBC.
“I don’t think we’ve had the same challenges from a work from home perspective as other companies, but people are feeling the isolation, frustration and anxiety,” Kotick admitted. He doesn’t envision life returning back to normal until there’s a low cost, widely available vaccine and testing.
Activision Blizzard makes popular video games, like Call of Duty and World of Warcraft. He said that video game production “remains on track for now.” To ensure there isn’t much disruption between the transition from office to home, the company is paying for higher broadband speeds and new equipment if needed.
The company’s business has struggled over the past year because of rising competition and popularity from Fortnight. Activision Blizzard announced in February that it was cutting 8% of its workforce
and took a $150 million charge in order to de-prioritize games that aren’t doing as well.
Although the company posted record sales in the fourth quarter and in all of 2018, Kotick said in February that its performance nevertheless failed to live up to expectations. This year will be a transition year, with Kotick predicting that it won’t grow in-game sales as quickly as it had hoped.
The company didn’t immediately respond to CNN Business’ additional request for comment.
How CEOs are responding to the pandemic
CEOs vary in how they’ve responded to the pandemic. A number of CEOs and other top executives have announced they’re taking pay cuts
, for example.
Others have donated large sums of money
toward Covid-19 research. Twitter cofounder and CEO Jack Dorsey announced earlier this month he’s donating more than a quarter of his wealth to a new fund for charitable causes, with the immediate focus on coronavirus relief efforts.
CEO Jeff Bezos and Microsoft (MSFT)
cofounder Bill Gates — the world’s two wealthiest people — have also each pledged $100 million toward coronavirus relief.