Blizzard recently announced that they analyzed their current business needs and have decided to perform a global reduction of their workforce to streamline operations. The bad news upfront is that this reduction in workforce entails the company letting go approximately 600 employees worldwide. They have stated that the majority of departments being cut are not related to the game development divisions
More specifically, they stated that 90% of the employee reductions will be from departments not related to game development. Also, they noted that the World of Warcraft (WoW) development team "will not be impacted." Blizzard believes that the cuts were a necessary part of decisions relating to a company with changing needs in an ever evolving industry. CEO and co-founder Mike Morhaime, stated that they are proud of the contributions those effected by the announcement have made for Blizzard and they "wish them well as they move forward."
Job cuts are never an easy decision, especially for the employees. I wish them all the best of luck in continuing their careers and other future endeavors.