Destiny 2 developer Bungie has confirmed it will be letting go of 220 employees "due to rising costs of development and industry shifts as well as enduring economic conditions". As a result, the team will be further integrated into PlayStation Studios as a further 155 workers transition from Bungie to positions within Sony. 29 per cent of positions within Bungie will disappear, including the majority of executive and senior lead roles.
In a post to the Bungie blog, its CEO Pete Parsons said: "Today is a difficult and painful day, especially for our departing colleagues, all of which have made important and valuable contributions to Bungie. Our goal is to support them with the utmost care and respect. For everyone affected by this job reduction, we will be offering a generous exit package, including severance, bonus and health coverage." He continues to explain Bungie must restructure with more "realistic goals and viable financials".