We are gradually learning more information about the dismissal in Bangui. This was due to poor financial results. By all accounts interest in Destiny 2 and Sony is unable to implement its ambitious plan to release live services. It should even be moderate. Everything must be included larger investigative initiatives at PlayStation Studioswhich has already been touched by Naughty Dog, Media Molecule or Visual Arts.
Bloomberg’s Jason Schreier found out. Bungie’s current fiscal year revenue is 45% lower than expected. Player retention is said to be an issue in Destiny 2. As a result, about 100 employees were laid off earlier this week, representing roughly 8% of the workforce. In most cases, these are people from the developer support and community management departments. In the future, an outside company may be hired to perform these tasks. Before the changes, Bungie was expected to employ about 1,200 people.
Affected employees were surprised by the layoffs, as CEO Pete Parsons had previously assured that the studio would cut travel expenses, temporarily freeze developer salaries and impose a hiring freeze. But apparently this was not enough, and they resorted to dismissal. They will receive three months of severance pay and three months of health insurance.
Bungie’s staff cuts are surprising, even considering Sony’s plans. Last year it completed the acquisition of research for $3.6 billion. 1.2 billion was planned to be spent on bonuses and retention of existing employees. Sony promised them “uninvested” shares. These are shares that will be purchased after certain conditions are met. In this case, they were required to work for Bungie for several years. But they won’t do that now, so their shares should go back to Bungie.
Due to poor feedback, the expansion had to be postponed. Final form for Destiny 2. Parsons said this at the meeting, saying the reviews were good, but not great. This gave the developers more time.
Source :Indian TV
