Overwatch League in jeopardy after layoffs, owners to vote on competition’s future
The Overwatch League as we know it could be coming to an end with Activision Blizzard effectively giving the franchise owners the chance to grab some money and get out, while also reportedly laying off a large number of employees in its esports division.
In the company’s second-quarter 2023 financial results, Activision Blizzard addressed the ongoing issues regarding the Overwatch League. At the end of the current season, teams will vote on an “updated operating agreement” and the teams that do not vote to continue will be paid a termination fee of $6 million.