Activision Blizzard CEO Bobby Kotick went into damage-control mode Tuesday, after the company's stock tumbled ahead of an employee walkout amid sexual harassment allegations at the videogame giant.
Facing an employee revolt ahead of the videogame company’s quarterly earnings report, Activision Blizzard Inc. Chief Executive Bobby Kotick went into damage-control mode Tuesday.
The lawsuit claims Santa Monica-based Activision Blizzard — which publishes such popular videogames as “Call of Duty” and “World of Warcraft” — pays and promotes female employees less than their male peers, and that female employees are subject to “constant sexual harassment,” including unwanted sexual comments, advances and groping. A number of disturbing incidents were described in the filing, which described Activision Blizzard as fostering a “frat boy” work environment.
In his letter Tuesday, Kotick admitted the company’s initial response was “tone deaf” and announced a number of immediate changes, including additional employee support, listening sessions, termination of anyone found to have violated workplace standards and a review of hiring practices. He also announced an investigation into the company’s policies and procedures by an outside law firm.
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