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What Jim Cramer Is Watching When Activision Blizzard Reports Earnings

Jim Cramer breaks down what he's watching in the Activision Blizzard earnings report and his reaction to the volatility in the video game stocks.
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Activision Blizzard Inc. (ATVI) - Get Activision Blizzard Inc Report plans to announce job cuts Tuesday in the face of slowing sales, Bloomberg reported, citing people familiar with the matter, reported TheStreet's Joseph Woelfel.

The company is also expected to release earnings Tuesday, Feb.12. It is also Real Money'sStock of the Day.

Related: Activision Blizzard Looks to End Shareholder Ice Age on Earnings

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The layoffs, which could number in the hundreds, are part of a restructuring aimed at centralizing functions and boosting profit, one of the people told Bloomberg. Activision employed 9,800 people at the end of 2017.

Here's what Jim Cramer thinks about the layoffs, the earnings report, and what big game companies can do to get back on track.

Related. Bearish Activision Blizzard Could Bounce After Its Hard Trashing... Or Not

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