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.
was with this threat looming that Bungie leadership - not Sony, according to Parsons - made the choice to lay off roughly 100 employees last month.
But the cost-cutting at Bungie isn’t limited to just personnel. Multiple current employees confirmed to IGN that the company has implemented numerous other cost-cutting measures recently, including a studio-wide hiring freeze, reduced travel budgets, elimination of holiday bonuses, keeping its annual Bungie Day virtual, delaying its weeklong company “Pentathalon” event to next December, and reducing numerous morale events such as cooking and knitting classes from monthly to quarterly. Bungie is also pausing or fully ending benefits like annual employee compensation adjustments to meet market rates, its new hire lunch program, employee donation matching, its peer recognition program, and gift cards for employees birthdays.
Looks like some c-level dweeb or scab sympathizer downvoted your comment. I couldn’t agree more with your assessment. Bungie leadership is pretty much miserable assholes these days. It sucks for the developers who do the actual work and are trying to tell leadership what will actually fix the company. They don’t deserve any of the frustrations from any of the player base, but the executives can fuck themselves with splintered balsa wood for all I care.
Yeah, Sony gave Bungie a pretty sick deal. Bungie gets financial backing from Sony and if Bungie doesn’t drive itself into the ground they keep their autonomy, and I guess the main benefit Sony got is/was live service expertise from Bungie (which is what Sony was focusing on when they acquired Bungie). The fact that Sony might need to step in is all on Bungie and it shouldn’t come as a surprise to anyone who has been keeping up with Bungie. The short gist is that the entire company is horribly mismanaged and that’s why they had to lay off and are likely to get taken over by Sony.
And if I’m being honest, I think Sony takeover might be the best thing for Bungie (assuming it doesn’t get entirely dissolved). Get rid of the shit management and then, once you’ve put some reasonable people at the helm, let them do their own thing again.
I had a Destiny poster on my wall back when all we knew was the name of the game and a bit of promotional art. We named our cat Bungie. So yeah, I’m pretty sad about the current state of things.
Sadly I lost interest in the game once they decided to remove content I’d paid for.
Gutting to see the developers suffer like this as I doubt they’re the ones making the shit decisions but are the ones taking all the hits with the layoffs.
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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Whouah, okay so all the good things removed.
Fuck the employees I guess?
So Bungie is officially dead
Tbh, sony needs to take over. Sony seem to do okay with their stuff, and Bungie leadership seems to be totally at fault.
They must have the most wild buyout contract for Sony to not be able to just swoop in and fix this nonsense.
Looks like some c-level dweeb or scab sympathizer downvoted your comment. I couldn’t agree more with your assessment. Bungie leadership is pretty much miserable assholes these days. It sucks for the developers who do the actual work and are trying to tell leadership what will actually fix the company. They don’t deserve any of the frustrations from any of the player base, but the executives can fuck themselves with splintered balsa wood for all I care.
I’m sure they had a reason to do it, but why the hell did they leave Microsoft again??? Working under Sony sounds miserable
None of the things happening at Bungie are related to Sony at all, as the article states
Yeah, Sony gave Bungie a pretty sick deal. Bungie gets financial backing from Sony and if Bungie doesn’t drive itself into the ground they keep their autonomy, and I guess the main benefit Sony got is/was live service expertise from Bungie (which is what Sony was focusing on when they acquired Bungie). The fact that Sony might need to step in is all on Bungie and it shouldn’t come as a surprise to anyone who has been keeping up with Bungie. The short gist is that the entire company is horribly mismanaged and that’s why they had to lay off and are likely to get taken over by Sony.
And if I’m being honest, I think Sony takeover might be the best thing for Bungie (assuming it doesn’t get entirely dissolved). Get rid of the shit management and then, once you’ve put some reasonable people at the helm, let them do their own thing again.
Working for Microsoft doesn’t seem to be all sunshine and rainbows either, according to some firsthand accounts I’ve heard.
Nobody’s safe, it seems
How far they’ve fallen since halo. It’s very sad.
I had a Destiny poster on my wall back when all we knew was the name of the game and a bit of promotional art. We named our cat Bungie. So yeah, I’m pretty sad about the current state of things.
I was listening to some Halo 3/ODST OST’s, it was very bittersweet thinking about what we had.
Sadly I lost interest in the game once they decided to remove content I’d paid for.
Gutting to see the developers suffer like this as I doubt they’re the ones making the shit decisions but are the ones taking all the hits with the layoffs.
Ah crap.
Didn’t realize this post came first: https://lemmy.world/post/9222778
I searched before I posted, so weird that I didn’t see it.
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.