Bungie Announces Layoffs of 220 Employees

Bungie's CEO Takes Accountability

Former Bungie CEO Establishes New Studio

In a recent announcement, Destiny developer Bungie has confirmed the layoff of 220 employees, representing 17% of its workforce. This news comes just a day after the unveiling of the latest expansion for Destiny 2, Beyond Light.

Bungie's CEO, Pete Parsons, addressed the difficult decision in a statement, expressing his accountability for both the past and the future of the company. He emphasized the importance of making the right decision for the long-term health of the studio.

The layoffs have sparked speculation about Bungie's financial health, especially since it became independent from Activision in 2019. However, the company has not provided any specific details regarding its financial performance.

Notably, Bungie's former CEO, Harold Ryan, who led the studio during the development of the original Destiny game, has since founded a new game studio called ProbablyMonsters. Unfortunately, Bungie's CEO has abruptly locked his social media account following the layoff announcement.

Conclusion

The news of Bungie's layoffs is a sobering reminder of the challenges facing the video game industry. As the industry continues to evolve and competition intensifies, game developers are forced to make difficult decisions to ensure their survival. While the reasons behind Bungie's decision may not be fully known, the company's commitment to accountability and the long-term health of the studio offer a glimpse into the complexities of running a successful game development company.