Also despite having a "record year", Activision/Blizzard's stock has dropped almost 50% from where it was in September 2018, which I think was at least started

Also despite having a "record year", Activision/Blizzard's stock has dropped almost 50% from where it was in September 2018, which I think was at least started by the PR blunder that was the Diablo Immortal announcement. The article doesn't really give any context into what the CEO meant by "record year" or even when he said it. If he'd said it back in August maybe that would make sense, or maybe it was a business move where you "look on the bright side" when things are looking shitty, but based on their stock price I'm not at all surprised they're having lay offs and restructuring.