Recent layoffs might be just the tip of the iceberg of wider problems at Bungie. A new report alleges a massive decay in morale among employees and fears that the studio could be completely taken over by Sony.

New details have emerged about the recent layoffs at Bungie. It appears the cuts were made due to Destiny 2’s poor commercial performance, with the studo now trying to take steps to improve the metrics.

Bungie is the latest PlayStation studio to be hit with layoffs. The extent of the job cuts is unclear, but the news comes after the company internally announced it would delay its upcoming games.

After more than a decade at Riot Games, Joseph Ziegler has announced his decision to leave the company. He will now be the game director at Destiny developer Bungie.

In the first nine months of 2022, 976 deals were announced or closed across the games industry globally. Here are some key takeaways from Drake Star’s latest report, including the top 15 largest M&A deals this year.

Bungie might be joining a handful of AAA game developers that have brought their main franchises to mobile. According to the latest report, the studio is now working on a new FPS for iOS and Android, which is based on the Destiny IP.

Amid global support for Ukraine, more companies are suspending their business operations in Russia. Sony, Nintendo, WarnerMedia, and some other studios have joined the ongoing exodus.

With the Bungie acquisition announced earlier this week, Sony has revealed how exactly the $3.6 billion spent on the buy-out will be allocated. It turns out that around $1.2 billion will go to keeping Bungie employees on board.

Sony Interactive Entertainment CEO Jim Ryan has explained the company’s motives behind the Bungie acquisition. This deal is in line with PlayStation’s strategy of expanding beyond just one console and making new live-service games.

Sony Interactive Entertainment has announced the acquisition of Bungie, known as the creator of world-famous series like Halo and Destiny. The deal worth $3.6 billion should help PlayStation reach a wider audience.

Composer Marty O’Donnell has been found in contempt of court over his use of Destiny assets even after he left Bungie. He will now have to pay the studio tens of thousands of dollars in fees.

New AAA studio That’s No Moon has been founded by the alumni of Naughty Dog, Infinity Ward, Sony’s Santa Monica Studio, EA, and Bungie.

Bungie, which was once a part of Activision, has issued a statement on toxic work culture and harassment amid latest allegations against its former publisher. While the company doesn’t say it is perfect, it claims to have no tolerance towards such behavior.

Over the past years, games’ stories and worlds have become so big that companies struggle to keep everything consistent. That’s why Bungie has opened a unique position of “Destiny Historian” to catalog the game’s universe and narrative.

Theorycraft Games is a new studio formed by former developers of League of Legends, Halo, Dota 2, and Overwatch. They raised $37.5 million to make PvP titles.

Six Days in Fallujah is a game about the Iraq war that was canceled by Konami in 2009 due to a controversy over the title’s portrayal of the armed conflict. 11 years later, the game is suddenly back in development by a new studio led by former Bungie employees.