![]() ![]() The company's CEO, Pete Parsons, expressed that feedback for the upcoming expansion, The Final Shape, was positive but not exceptional, resulting in its delay from February to June 2024 to afford additional development time. The developer, housing a staff of about 1,200, has struggled with player retention rates post the release of Destiny 2's latest expansion, Lightfall, which received a tepid response. Inside Bungie’s Financial Turmoilīungie's employees were briefed by executives on the company's troubling financial health, as per Bloomberg's coverage. Bungie, acquired by Sony, has faced challenging times with the diminished performance of Destiny 2, leading to a strategic reevaluation. Sudden Revenue Drop Spurs Actionįinancial reports have shown a stark 45% decline in the expected annual revenue for the company. This move comes in the wake of a dramatic downturn in the company’s revenue, prompting a reassessment of its financial strategy. WASHINGTON – Bungie Inc., the esteemed Washington-based video game developer known for the popular title Destiny 2, has recently announced layoffs affecting 8% of its workforce.
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