Bungie's Layoffs Linked to Declining Popularity of Destiny 2

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Source: Eurogamer.net
Bungie's Layoffs Linked to Declining Popularity of Destiny 2
Photo: Eurogamer.net
TL;DR Summary

Bungie reportedly laid off approximately 100 employees, around 8% of its workforce, following a "sharp drop" in the popularity of Destiny 2. The company had warned employees of a significant revenue shortfall just weeks prior, with weak player retention and mixed feedback on the upcoming expansion cited as contributing factors. The affected workers will receive severance pay and health insurance, but additional benefits have ended. These layoffs are part of a larger cost-cutting initiative within PlayStation, which has also resulted in job cuts at other studios.

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