Bungie, the developer behind Destiny 2, is undergoing significant restructuring. The company plans to lay off 220 staff members, represents about 17% of its workforce, while another 155 roles will be integrated into Sony Interactive Entertainment (SIE). This move aims to save talent amid financial constraints and development cost increases. Bungie also announced the transition of an unnamed action title's development to a new PlayStation Studio. The restructuring follows economic pressures and underperformance of Destiny 2: Lightfall, alongside the need to focus on Destiny and Marathon. CEO Pete Parsons described the situation as "difficult and painful" but necessary for the studio's future.

Why is Bungie laying off staff and restructuring?

Bungie is restructuring due to increasing development costs, economic pressures, and financial shortfalls. The company aims to streamline its focus on key franchises like Destiny and Marathon, and to adjust to current industry conditions.

Destiny 2 has been one of Bungie's flagship games since its release in 2017. The game is a multiplayer first-person shooter featuring expansive worlds, a deep lore, and cooperative gameplay. Despite its initial success, Destiny 2 has faced criticism over some expansions, leading to the current need for more focused development and resource allocation.