Kotick: A disciplined strategy won’t include “wholesale layoffs” in 2009

By Stephany Nunneley

Following the release of fourth quarter financials, Bobby Kotick has said that Activision is not planning on going the layoff route most publishers are suffering at present.

“We won’t be distracted by layoffs and restructuring and things that other companies are going to be distracted with,” Kotick told Reuters in an interview.

“We don’t respond to managing our operating expenses because there’s a financial crisis, we do it all the time.”

Activision reported a net loss of $72 million for Q4 2008.