Activision Blizzard released its Q2 2023 financial report today, and among the news of acquisition deal restructuring and record figures for Blizzard thanks to Diablo IV were a few details about the future of the Overwatch League. Unfortunately, none of them paint a positive picture of the league's future.

The financial report details an upcoming vote regarding the future of the league, where each team can vote to continue the league "under an updated operating agreement. If the vote fails, according to the report, "a termination fee of $6 million will be payable to each participating team entity (total fee of approximately $114 million)."

Meanwhile, The Verge has confirmed layoffs in the Activision Blizzard esports department, which have impacted "around 50 employees." The layoffs came with no warning, according to one affected ex-employee who wished to remain anonymous, who told The Verge they were a "complete shock to everyone," while adding that none of those who were laid off were given the chance to switch to a different team within the company.