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Bungie’s Layoffs Reportedly Got here From Bungie Administration, Not Sony

ashwin36 by ashwin36
October 31, 2023
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On Monday, followers have been disenchanted to see one other spherical of layoffs hit the video games trade, this time from Future developer and PlayStation Studios owned Bungie.

The trade has been plagued with layoffs at what has felt like a relentless tempo, and Bungie’s layoff yesterday was one more studio inside PlayStation to have layoffs in the previous few months.

Many have been fast to level the finger at Sony, who solely acquired Bungie slightly greater than a 12 months in the past, although a brand new report from Forbes’ Paul Tassi says in any other case, per a supply.

Layoffs reportedly got here “immediately from Bungie administration, not Sony. This isn’t about Sony changing Bungie workers with their very own individuals.” says Tassi’s supply.

The supply additionally identified that the layoff got here proper on the finish of the month, which meant that Bungie solely needed to pay for an extra day of advantages protection for these laid off.

What’s maybe most vital although is how this layoff resulted in firm shares returning to Bungie. “Many workers had unvested shares on account of the Sony buy.” mentioned the supply.

“These shares can be acquired based mostly on staying with the corporate for a sure variety of years following the sale. However these shares revert to Bungie if you happen to go away, even if you happen to’re fired, which is what’s taking place now to a lot of these affected.”

Tassi additionally provides that whereas Bungie could also be underneath the PlayStation banner, these choices nonetheless come right down to Bungie itself, due to its impartial standing inside PlayStation.

Wherever the layoffs come from, it’s disappointing to see them occur in any respect. It’s in fact price noting that each one this simply comes from an unnamed supply, however by that very same token Bungie has but to return out and really make an announcement on the layoffs.

The layoffs additionally coincided with studies that each the approaching Closing Form enlargement for Future 2 and Bungie’s reboot of Marathon have been delayed.

Supply – [Forbes]

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