One month after a major round of layoffs impacted roughly 100 Bungie employees of 1,200, those remaining at the Destiny developer say the cuts, as well as other cost-cutting measures, came alongside an apparent scramble by studio leadership to avoid a total Sony takeover.
So…Bungies leadership is worried that Sony will completely take over, so they’re making it into a dumpster fire?
That’ll only mean that Sony will take over and fire the Bungie executives making these decisions, giving them generous severance packages on top of all the bonuses they’ll give themselves for cutting costs…wait, I think I figured it out.
If Bungie falls short of certain financial thresholds by too great an amount, Sony is allowed to dissolve the existing board and take full control of the company.
Also the article mentions the board being split 50/50 between Sony and Bungee, with 1 tie breaker. So I don’t think they’re trying to hand it over to Sony when they could’ve just done that at any stage without a convoluted scheme.
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So…Bungies leadership is worried that Sony will completely take over, so they’re making it into a dumpster fire?
That’ll only mean that Sony will take over and fire the Bungie executives making these decisions, giving them generous severance packages on top of all the bonuses they’ll give themselves for cutting costs…wait, I think I figured it out.
Also the article mentions the board being split 50/50 between Sony and Bungee, with 1 tie breaker. So I don’t think they’re trying to hand it over to Sony when they could’ve just done that at any stage without a convoluted scheme.