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Bungie lays off 220 people amidst shift to ‘new path’
Bungie announced today it's laying off more people as it attempts to shift its financial strategy following 2023's economic downturn.
“We were overly ambitious, our financial safety margins were subsequently exceeded, and we began running in the red.” Even with exhaustive efforts undertaken across our leadership and product teams to resolve our financial challenges, these steps were simply not enough. He added that the layoffs would affect every level of the company, including the executive and senior leadership roles.
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