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Layoff timelines will vary by location, and PlayStation's London Studio will be closed entirely. [12] On July 31, 2024 Sony announced further layoffs at Bungie, cutting 220 employees (17% of Bungie’s workforce), while 155 employees were reassigned to other PlayStation Studios, and around 40 moved to a new studio.
According to journalist Jason Schreier in speaking with those at Bungie, the two rounds of layoffs had resulted from Bungie trying to explore too many new projects too quickly shortly after the Sony acquisition, hiring several new staff and drawing off Destiny developers to pursue these projects, with the expectation from management that they ...
Post-layoffs, “they are still going to be spending more money and bigger budgets on a lot of their established franchises, but they are divesting out of a lot of the newer games and IPs.”
The holiday season and company layoffs go hand in hand. As the holidays draw closer, companies are facing lower consumer confidence and are thus evaluating plans for the 2023 fiscal year. See: 95%...
Corporate America can't seem to lay off workers fast enough. U.S. employers have already axed north of 100,000 jobs this year according to the latest figures from data firm Challenger, Gray ...
After producing the music for Myth II, Bungie contracted O'Donnell to work on their other projects, including Oni and the project that would become Halo: Combat Evolved. O'Donnell ended up joining the Bungie staff ten days before the studio was bought by Microsoft, and was the audio director for all Bungie projects until he was fired in April 2014.
In 2009, 2.10 million Americans experienced layoffs due to the housing market crash. At the start of the pandemic in 2020, 4.6 million people experienced job separation. In 2021, a staggering 17 ...
Brought back after close to a year-long hiatus, [15] the podcast featured Bungie news and interviews with staff members about their jobs and working at the studio. Smith had the title of "Bungie Community Manager" at Bungie, [16] [17] and has given interviews with the press about the company's recent products, including Halo 3: ODST. [18]