Bungie to Layoff Staff

Bungie to Layoff Staff

Business

01 November 2023 14:14

According to recent news, Bungie laid off more than 100 employees recently. The company had more than 1200 employees which means the management laid off more than 8% of the staff. The most affected divisions are Community management and publishing teams. The company revealed that revenue predictions are 45% below projections for 2023. Bungie's upcoming title Marathon is also postponed until 2025.CEO Pete Parsons stated Destiny 2's Lightfall expansion as a factor in the title's poor retention.

Tags: Bungie

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Bungie to Layoff Staff

Business

01 November 2023 14:14

Tags: Bungie

According to recent news, Bungie laid off more than 100 employees recently. The company had more than 1200 employees which means the management laid off more than 8% of the staff. The most affected divisions are Community management and publishing teams. The company revealed that revenue predictions are 45% below projections for 2023. Bungie's upcoming title Marathon is also postponed until 2025.CEO Pete Parsons stated Destiny 2's Lightfall expansion as a factor in the title's poor retention.

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Bungie Creative Studios Moves to PlayStation

Sony's integration of Bungie into its PlayStation ecosystem has progressed with the announcement that Bungie’s Creative Studios is now fully...

Business

Oct 23, 2024

Bungie Might Charge $40 for Marathon

Bungie has explored the possibility of pricing its upcoming game Marathon at $40, instead of adopting the prevalent free-to-play (F2P)...

Business

Sep 17, 2024

Bungie Fires 220 Employees

Bungie, the PlayStation-owned studio, has announced another round of significant layoffs, cutting approximately 220 jobs. This follows a previous reduction...

Drama

Aug 01, 2024

Bungie Wins AimJunkies Lawsuit

According to Stephen Totilo on social media, Bungie, the developer of Destiny, has been awarded $63k in damages in a...

Drama

May 28, 2024

Former Bungie Employee Sues Company

Earlier this year, a former HR manager at Bungie filed a lawsuit against the company, alleging wrongful termination. According to...

Drama

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