Bungie Faces Potential Full Sony Takeover Amid Financial Struggles

Destiny 2 developer implements cost-cutting measures and braces for crucial release of delayed expansion, The Final Shape.

Bungie, the developer of Destiny 2, is facing a potential full takeover by Sony if the forthcoming expansion, The Final Shape, does not meet sales expectations, according to anonymous sources.
Several cost-cutting measures have been implemented at Bungie, including layoffs, a hiring freeze, reduced travel budgets, and the elimination of holiday bonuses and other employee benefits.
Morale at the studio is reportedly low, with employees describing the atmosphere as 'soul-crushing' and expressing fear of further layoffs.
Sony acquired Bungie in 2022 for $3.6 billion, and the studio's board of directors is currently divided between representatives from both companies.
The Final Shape expansion, which has been delayed until June 2024, is seen as crucial for the studio's future.