According to Overwatch Nate Nanzer's Farewell to Blizzard, many other seasoned and important employees, including Blizzard Esports' global product director Kim Phan, have extended their two-week notice period from Richard Lewis to Dexerto.
It has been reported that corporate morale has decreased over time. According to Dexerto, employees do not seem to enjoy working under the current CEO of Activision Blizzard Esports, Pete Vlastelica. Vlastelica comes from FOX Sports, which worries many. Obviously, the separation between traditional sport and sport is visible and noticeable to many employees, including some senior executives. Some even believe that the separation is so great that the decisions made harm the company rather than helping it.
Another reason that morale may be low is Blizzard's lack of financial success. The annual reports were mixed across the company, but it was quite obvious that Blizzard was no longer in control of the market, as the stock value had fallen 50 percent at a given time. Employees may expect another failure and want to find a more successful endeavor than wait until the pink note is on their desk.
The loss of two major industry insiders in such a short period of time, coupled with a schism between employees and executives and financial burdens, suggests that Blizzard may be in trouble. The question is: what will the company do as an answer?