Activision Blizzard Chief Takes Positive Step Towards Union Taking Cues From Microsoft, Amazon

  • Activision Blizzard, Inc ATVI CEO Bobby Kotick shared plans to negotiate with the Communications Workers of America over a collective bargaining agreement for employees at its subsidiary Raven Software. 
  • Kotick looked to meet CWA leaders at the bargaining table and work toward an agreement.
  • Activision Blizzard faced charges of union-busting and illegally retaliating against employees over unionization efforts, Bloomberg reports.
  • In May, most video game testers at Raven Software employees voted to form a union following job cuts last December.
  • Microsoft Corp MSFT, which agreed to acquire Activision Blizzard for $69 billion, recently shared its positive approach toward unionization.
  • Recently Amazon.com Inc AMZN chief also expressed his support for the union.
  • Price Action: ATVI shares traded lower by 0.24% at $76.59 on the last check Friday.

Posted In: BriefsNewsTechMedia

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.