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Bungie leadership reportedly 'overstated studio's financial prospects' to Sony, leading to need for layoffs

Following yesterday's mass layoffs at Destiny 2 developer Bungie - in which 220 employees lost their jobs - a new repor…

That's according to sources interviewed by journalist Stephen Totilo, who, writing in his GameFile newsletter, reports yesterday's job cuts were necessary to stem Bungie's continued financial losses. Watch on YouTube That tallies with reports from IGN last year, in which numerous Bungie employees told the publication the mood at the studio was "soul-crushing" as leadership implemented harsh cost-cutting measures, apparently in a bid to cling onto independence. However, Totilo's sources say employees have little animosity for Sony over the cuts, with many instead blaming Bungie management for promising unrealistic growth - an attitude reflected in staff social media posts following yesterday's layoffs, some slamming studio CEO Pete Parsons.

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