In case you're out of the loop, Bungie laid off 220 employees late last month due to "rising costs of development", "economic conditions", and all the things you're used to hearing by now.

Sony's assimilation of Destiny 2 studio Bungie took another step forward today with the announcement that its Creative Studios arm, responsible for directing and developing the "artistic vision ...

Sony Group Corp.'s (NYSE: SONY) Bungie, the developer behind Destiny 2, has joined the growing list of video game studios facing layoffs in 2023.

Many were quick to point the finger at Sony, who only acquired Bungie a little more than a year ago, though a new report from Forbes’ Paul Tassi says otherwise, per a source. Layoffs reportedly ...

Barrett is a prominent developer behind the lucrative Bungie video game franchises Halo and Destiny. He served on the studio’s board until Sony acquired it for $3.6 billion in 2022.

Whereas Sony has historically been best known for its single-player, story-heavy games, Bungie is skilled at developing "massive, immersive games that have no end," Ryan said.

Sony spent $3.6 billion acquiring Bungie — was it worth it? The aforementioned report comes from veteran journalist Stephen Totilo, who spoke to former Bungie employees to get to the bottom of ...

That might not add up to much of a front-facing change—Bungie is a wholly-owned Sony studio, after all—but it would be a seismic shift internally: Parsons has been at Bungie for 21 years and ...

But to quote the letter, Sony apparently already sees Bungie as a ‘failed investment.’ To put that in context, Sony acquired Bungie in early 2022, to the tune of $ 3.6 billion.

That Sony's $3.6 billion acquisition of Bungie hadn't gone so well, and that Bungie had plenty of their own internal issues and delays.

Sony sent shockwaves through the gaming world on Monday when it announced it would buy Destiny developer Bungie for $3.6 billion, marking just the latest huge buyout in the gaming landscape.