Talks have supposedly not yet happened yet.
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Activision Blizzard says that they have not yet talked to Microsoft about what Bobby Kotick's employment status will be after Microsoft's acquisition of the company. As of right now, Kotick is still the CEO of Activision Blizzard despite the numerous legal battles and accusations of sexual harassment and discrimination that have hit the company.

As first spotted by Stephen Totilo, Activision added a line to its United States Securities and Exchange Commission filing stating that Microsoft has not discussed what Kotick's future post-acquisition would be.

No discussions or negotiations regarding post-closing employment arrangements with Microsoft occurred between Microsoft and Mr. Kotick prior to the approval and execution of the merger agreement and the transactions contemplated thereby, or have occurred subsequent to such approval and execution, through the date hereof.
As it stands right now, it's a big question mark on whether or not Kotick would remain a part of the company once Microsoft's acquisition of Activision Blizzard is completed. There have been some reports that came out saying Kotick is set to leave after the deal is closed, but no official announcement has been made yet.

While formal talks may not have happened yet, you have to believe that Microsoft discussed internally about Kotick's fate following the acquisition. There's no way they would want Kotick to stick around, right? The guy who supposedly knew about the sexual harassment going on at his company for years and did nothing? The guy who is at the center of the many lawsuits that have hit the company over the past year?

Microsoft's acquisition of Activision Blizzard will not be finalized until some point during "Microsoft's fiscal 2023 year ending June 30, 2023." This means that there is still a good year or so before details such as Kotick's fate can be discussed and finalized.