Profits at Cork-based arm of Blizzard up 30% to €3.5m

Pre-tax profits at a Cork-based subsidiary of the global online games giant Blizzard Entertainment that recently announced the loss of 200 jobs at its Cork base increased by 30% to €3.5m in 2010.

Accounts filed by Blizzard Entertainment Ireland Ltd reveal that the company increased its pre-tax profits after its revenues increased by 30% from €30.9m to €40.2m in the 12 months to the end of Dec 2010.

Earlier this year, the company’s US parent, Activision Blizzard, announced the loss of 200 jobs of the almost 900-strong workforce at its European customer support centre in Cork.