Bungie Cuts 220 Jobs Amid Studio Layoffs

News

Bungie

By: Jason Siu

Published:

1 min read

Home » News » Bungie Cuts 220 Jobs Amid Studio Layoffs
Bungie has cut 220 of its roles, roughly 17% of its workforce

We prefer to run an ad-free site, so this post may contain affiliate links. If you wish to support us and use these links to buy something, we may earn a commission. Learn more here.

Microsoft isn’t the only one cutting jobs; Sony’s Bungie has eliminated 220 roles, or roughly 17 percent of its workforce. The announcement was made on Bungie’s website by Pete Parsons, CEO of Bungie. He cited “rising costs of development and industry shifts as well as enduring economic conditions” for the cuts, saying “it has become clear” that Bungie needed to make “substantial changes” to its cost structure. The developer will continue to focus its efforts entirely on Destiny and Marathon.

While there isn’t a complete list of the roles that have been eliminated, Parsons said it will affect every level of the company, including most of Bungie’s executive and senior leader roles. Those affected by the job reduction will receive a generous exit package, including severance, bonuses, and health coverage.

Parsons also explained that Bungie is deepening its integration with Sony Interactive Entertainment (SIE), which acquired Bungie in 2022. They are working to integrate 155 of the 220 cut roles into SIE over the next few quarters, enabling them to retain a great deal of talent that would otherwise have been affected. Bungie is also working with PlayStation Studios leadership to “spin out” one of its incubation projects to form a new studio within PlayStation Studios so the project can continue development. The project is an action game set in a new science-fantasy universe.

Despite the cuts, Bungie will retain over 850 team members who are working on Destiny and Marathon. You can read more about Bungie’s job cuts here.

Like our content?

Subscribe to our newsletter and get video game news, features, and deals straight to your inbox.

This newsletter may contain advertising, deals, or affiliate links. Subscribing to the newsletter indicates your consent to our Privacy Policy. You may unsubscribe from the newsletter at any time.

With over 20 years of online publishing experience, Jason Siu is currently the Content Director at VerticalScope and used to spend most of his time writing about cars. His work can be seen on websites such as AutoGuide, EV Pulse, FlatSixes, Tire Authority, and more. As the former co-founder of Tunerzine.com and West Coast Editor of Modified Magazine, he has also authored two books for CarTech Books. In his spare time, he founded FullCleared to indulge in his passion for writing about games. Although Jason is a variety gamer, he generally prefers RPGs.

Latest News