What's Next For Destiny? Bungie Reveals Multi-Year Plan After Layoffs
Portfolio Pulse from Franca Quarneti
Bungie has announced a multi-year plan for Destiny despite recent layoffs affecting 220 employees. The studio, now owned by Sony Group Corp., is committed to the franchise but is shifting its strategy towards smaller updates. Development on other projects like Destiny 3 and Payback has been shelved.

August 09, 2024 | 8:30 pm
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Sony Group Corp. faces challenges as its subsidiary Bungie undergoes significant layoffs and shifts its strategy for Destiny. The studio is moving away from large expansions to smaller updates, and other projects have been shelved.
The layoffs and strategic shift at Bungie, a Sony-owned studio, could negatively impact Sony's stock in the short term due to uncertainty and potential disruption in game development.
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