Bungie Cuts 17% of Workforce Over Rising Costs, ‘Industry Shifts’

What’s happening at Bungie?

Bungie has announced that it is laying off 220 employees, representing approximately 17% of its 1,000-strong workforce. The cuts will affect staff at all levels, including most senior and executive roles.

The layoffs come less than a year after the American-based video game developer laid off 100 employees in October.

Official statements and context

This decision is part of a strategy to refocus on “Destiny” and the upcoming game “Marathon” in light of overambitious expansion and economic pressures.

• “Due to rising costs of development and industry shifts as well as enduring economic conditions, it has become clear that we need to make substantial changes to our cost structure,” stated Bungie CEO Pete Parsons.
• Parsons also stated that the studio “set up several incubation projects, each seeded with senior development leaders from out existing teams,” but came to realise “that this model stretched our talent too thin, too quickly,”
• The company, known for creating the popular game franchise Halo, underwent a rapid expansion in 2023, which “ran headlong into a broad economic slowdown”.
• Bungie aims to integrate 155 roles into Sony Interactive Entertainment to ease job
  losses
• Many employees claim they were caught off-guard by the news, as whole teams have be disbanded.

Impact in Canada

It remains unclear exactly how many Bungie employees in Canada will lose their job as a result of this layoff.

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