A damning new report claims that Bungie mislead Sony about its monetary place forward of its acquisition by PlayStation. The studio’s administration has come underneath scrutiny following a second spherical of mass layoffs inside a yr that didn’t even spare long-time senior executives. Now, many former workers are laying the blame solely on CEO Pete Parsons.
Sony spent $3.6 billion buying Bungie — was it value it?
The aforementioned report comes from veteran journalist Stephen Totilo, who spoke to former Bungie workers to resolve issues. At the least one among them addressed what many analysts and even the gaming neighborhood have been left puzzled by: Sony spending $3.6 billion to amass the studio.
The worker reckons that Sony overpaid for Bungie after the studio misled the PlayStation maker by promoting “issues they have been simply not in a position to ship.” Whereas Future 2: The Remaining Form has been extensively praised, Totilo has been informed that the most recent cuts have been being deliberate lengthy earlier than the enlargement launched.
What’s much more attention-grabbing is that it appears Bungie was a bit determined to strike a cope with Sony. One in every of Totilo’s sources mentioned that if Bungie hadn’t been acquired, it might have gone bankrupt. “The alternate historical past is insolvency,” they mentioned.
Bungie had hundreds of workers at one level, which have now been decreased to 850 following the most recent spherical of cuts. The studio hasn’t launched something exterior of Future and its sequel during the last decade, and has gone by means of high-profile splits with each Microsoft and Activision up to now.
It has additionally emerged that senior Future executives Luke Smith and Mark Noseworthy have been let go. Suffice to say, the frequent denominator right here is Bungie’s administration.