After the excitement surrounding Bungie’s layoffs has calmed down and everything is slowly returning to normal, Sony has now briefly talked about the situation concerning the Destiny developer.
Where does the information come from? In a meeting, Sony revealed its consolidated financial results. In the video on irwebmeeting.com, Hiroki Totoki, the head of Sony, discusses various products and the company’s finances – including Bungie.
The Destiny developers were acquired for 3.2 billion euros by the Japanese company in early 2022. Since then, they have belonged to the company and work for them. Initially, the acquisition sounded great, but after Bungie failed to deliver with The Final Shape and the numbers did not meet Sony’s expectations, many developers were laid off and restructuring took place.
Many developers went anonymously to news sites and revealed insider information about the dilemma. An official clarification on what will happen to Bungie in the future has been lacking, apart from a letter from Bungie CEO Pete Parson – until now. The head of Sony has now revealed why Bungie was treated this way.
“We need to improve the efficiency of the company”
What did Sony say about “Bungie”? During the Sony Group Corporation’s Q1 FY2024 conference, the topic of Bungie came up again.
In this context, Hiroki Totoki clarified why Bungie had to undergo these restructuring: “This restructuring is about costs, structure, and optimizing the portfolio. Those are the goals. At the same time, we need to improve the efficiency of the company.”
It is therefore clear that Bungie has not been efficiently managing its company. Many fans are also wondering where Sony’s money has gone, while the developers’ output for Destiny 2 has been minimal.
This is the necessary consequence so that Bungie no longer causes losses, as insiders report that the studio was on the brink of bankruptcy.
The focus has shifted: While Bungie was working on various projects before falling into Sony’s grasp to diversify its portfolio, the situation has now changed. According to Hiroki Totoki himself, Bungie’s focus is now solely on Destiny 2 and Marathon. Other Bungie games have either been canceled or taken over by Sony.
How things will proceed now is uncertain, but insiders are already forecasting bleak times for Destiny 2 fans. What you could expect can be read here: How does it go on with Destiny 2? Insiders give hints about the future of the loot shooter
