Activision Blizzard connected Monday said US securities regulators are digging into whether the video crippled elephantine decently disclosed concerns astir a toxic, sexist workplace.
The Securities and Exchange Commission is seeking accusation from the company, executives and erstwhile employees.
The SEC "is conducting an probe concerning the company's disclosures regarding employment matters and related issues," and has issued subpoenas to immoderate existent and erstwhile employees, an Activision spokesperson said successful effect to an AFP inquiry.
Regulators are seeking accusation to find whether executives informed them and investors astir complaints of workplace harassment and gender-pay inequity, according to a Wall Street Journal study citing radical acquainted with the inquiry.
Activision is cooperating with the inquiry, according to the spokesperson. The SEC declined to comment.
California-based Activision unveiled a absorption shakeup successful aboriginal August, pursuing worker protests and a California authorities suit alleging the institution enabled toxic workplace conditions and discriminated against women.
The shakeup came a week aft workers walked retired to protestation sexism and harassment, arsenic a telephone went retired online to boycott deed titles specified arsenic "Call of Duty" and "Candy Crush."
The institution has launched what it promised would beryllium a far-reaching reappraisal of its workplace practices aft the authorities suit alleged wide-ranging favoritism and harassment of women employees.
The employee protests came amid increasing complaints astir attraction of women successful the manufacture successful caller years.
In summation to workplace conditions, Activision has pledged to reappraisal its depiction of women successful its fashionable games.
© 2021 AFP
Citation: US regulators people Activision Blizzard workplace (2021, September 21) retrieved 21 September 2021 from https://techxplore.com/news/2021-09-activision-blizzard-workplace.html
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