Corporate Restructuring
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Bungie, the Destiny 2 developer, has revealed plans to lay off 220 staff members from July 31, 2024, citing the rising cost of development, industry shifts, and economic conditions as primary reasons. Although this decision was difficult to make, the company asserts it was necessary in order to focus on developing Destiny and Marathon. In…
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Sony Interactive Entertainment (SIE) has recently announced layoffs of more than 900 employees, which is approximately 8% of its workforce. The company also announced the closure of PlayStation Studios London. Statements from President and CEO Jim Ryan and Head of PlayStation Studios Herman Hulst reveal that both US and European groups would be affected, including…