UPDATE: Just two weeks ago, executives at the Sony-owned game developer Bungie informed employees of a 45% revenue shortfall for the year, as reported by people who attended the meeting. It has also been reported that those who were laid off will receive severance pay and paid Bungie Cobra insurance for 3 months.
Source: @jasonschreier | bloomberg.com
Summary:
- Numerous Bungie employees have been laid off due to reduction in force.
- It has been reported that The Final Shape has been delayed until June 2024, and Marathon until 2025.
A significant number of Bungie employees faced unexpected layoffs today, with impacted roles ranging from community management to editorial positions. Additionally, @DestinyBulletin reported the removal of multiple job listings from Bungie’s careers page. Prior to these changes, there were approximately 75 open positions, but now, only 19 vacancies remain.
Following the announcement of workforce reductions at Bungie, Jason Schreier’s recent article on bloomberg.com indicates that “The Final Shape” release has been pushed to June 2024, while “Marathon” may not arrive until 2025. Bungie has not yet released an official statement regarding this situation. We will provide an update once more is known.
In an email to employees seen by Bloomberg, Bungie Chief Executive Officer Pete Parsons said staffers would be “hearing some news today” and that there would be a team meeting later in the day to “discuss today’s events.” The company didn’t immediately respond to a request for comment. Bungie recently delayed an upcoming Destiny 2 expansion, The Final Shape, until June from February, pushing it out of Sony Group Corp.’s current fiscal year, said the people, who asked not to be identified because they weren’t authorized to speak publicly. Bungie’s next game, Marathon, slipped to 2025.
–Bloomberg article by Jason Schreier
Bungie’s CEO, Pete Parsons, has issued a statement on the recent layoffs.
“Today is a sad day at Bungie as we say goodbye to colleagues who have all made a significant impact on our studio. What these exceptional individuals have contributed to our games and Bungie culture has been enormous and will continue to be a part of Bungie long into the future.
These are truly talented people. If you have openings, I would highly recommend each and every one of them.”
We will keep you informed as soon as we receive more details about the postponement of The Final Shape and Marathon. Furthermore, if there are any developments concerning layoffs, we will provide updates at the top of this post.
-Kyber
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