Some "employees" that got laid off claim that Mike Morhaime left the president seat of the company because he was tired of all the meddeling by Activision and their executives focusing only on the money instead of the quality of the games.

Explains why lead figures like Josh Mosquiera(Director of Diablo 3: Reaper of Souls) and Ben Brode(director of Heartstone) left the company as well. Wouldn't be impressed if other big players leave as well.