Activision Blizzard let go of nearly 800 employees for short term financial gain. At the same time, CEO Bobby Kotick boasted of record revenues for the company.
The company's value has halved and profits are down, all while more money than ever flows through it. In any sensible world, Kotick would take the hit as leader of the publisher. He passed the buck.
Executives hand their failures down because they know they can do so without consequence. There should be consequences. Fire Bobby Kotick.