Damn.....not even a hugely successful launch can save Bungie. An even bigger axe than last time.
220 straight being laid off and 155 being moved to what seems to be a new studio within PlayStation Studios working on a Bungie incubation project. Matter was cancelled in 2020, so I'm guessing this is Gummy Bears, leaked as a MOBA action game.
So 470 have left Bungie officially in the past 8 months.
EDIT: It looks like 220 being laid off, 155 being moved into Sony in general, and 75 are being moved to this new aforementioned studio. So it's even more that are leaving Bungie. Going from 1,300 employees to 850.
This morning, we shared an important update with the Bungie team on the difficult decision to eliminate 220 roles at Bungie.
— Bungie (@Bungie) July 31, 2024
You can read the full statement below.https://t.co/FVkWNSWDtZ
Sony's Bungie is shrinking from 1,300 people to 850:
— Jason Schreier (@jasonschreier) July 31, 2024
- 220 laid off
- 155 moving to Sony
- ~75 to a new studio
"We were overly ambitious, our financial safety margins were subsequently exceeded, and we began running in the red," says CEO Pete Parsons https://t.co/f9qiAQ7qFU