Bungie\u2019s mass layoffs were their decision rather than Sony\u2019s according to reports BungieBungie\u2019s mass layoffs have hit the industry hard, with many now looking for jobs in the wake of the company letting go of a large portion of its staff. According to a report from Paul Tassi, these layoffs were Bungie\u2019s decision rather than Sony\u2019s. It\u2019s been a tough year for the games industry. While the year has seen some of gaming\u2019s biggest-ever successes and triumphs in the form of GOTY contenders like Alan Wake 2, Baldur\u2019s Gate 3, Tears of the Kingdom, & many more titles, it\u2019s also been a year of rampant layoffs and studio closures. From the shuttering of iconic game studios like Volition to Epic Games making massive cuts across all workforces under their banner, many companies within the industry have chosen to downsize or close outright. Bungie is the latest studio to lay off a large portion of their staff, letting go of dozens of employees. And, according to a source close with Forbes\u2019 Paul Tassi, the layoffs were a direct decision of Bungie\u2019s management rather than being something Sony pushed for. Bungie\u2019s layoffs were reportedly carried out by their own management With the recent Bungie layoffs, both the Final Shape expansion and Marathon have been delayed, pushing their release dates into Sony\u2019s next fiscal year. In the aftermath of the layoffs, speculation ran wild that the decision to downsize the studio and delay their games may have been direct from Sony. However, a recent report indicates otherwise. Forbes\u2019 Paul Tassi spoke with a source that claimed the layoffs were carried out by Bungie\u2019s management directly rather than from any outside meddling from Sony, and that the way in which they were laid off may have kept employees from taking advantage of employment benefits. The source claimed that this was \u201cnot about Sony replacing Bungie\u2019s employees with their own people,\u201d and that the manner in which these employees were let go left them out to dry. \u201cMany employee benefits (though not health insurance), only last until the end of the month if you\u2019re let go. Laying people off on the 30th means a single additional day of coverage.\u201d What\u2019s more, the stocks many employees had with Bungie were unvested as a result of the company being purchased by Sony. With the way they were let go, it\u2019s likely that these unvested stocks will never return to their original holders who no longer work at Bungie. \u201cThese shares would be received based on staying with the company for a certain number of years following the sale. But those shares revert to Bungie if you leave, even if you\u2019re fired, which is what\u2019s happening now to many of those affected.\u201d Essentially, this means that those let go from the company lose their part of ownership over that company and have no opportunity to either sell it or hold on to their investment. These reports bring a new layer of context to Bungie CEO Pete Parsons\u2019s message claiming that he\u2019d recommend everyone fired. If this report is true, that would mean he made that recommendation despite being the part of the decision for these employees to be let go.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bungie\u2019s mass layoffs were their decision rather than Sony\u2019s according to reports BungieBungie\u2019s mass layoffs have hit the industry hard, with many now looking for jobs in the wake of the company letting go of a large portion of its staff. According to a report from Paul Tassi, these layoffs were Bungie\u2019s decision rather than […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-79382","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/79382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=79382"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/79382\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=79382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=79382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=79382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}