Fascinating. Comments from a former workers who have become very vocal after layoffs said the studio was struggling with too many projects and even the success of the Destiny series was not covering the bills.

Bungie misrepresented its finances and had significantly overextended itself when Sony acquired the studio for $3.6 billion in 2022, former workers claimed in a new Game File report published in the wake of Wednesday’s layoffs.

It was apparently bad enough that at least one source described as a “well-connected former worker” went so far as to claim that Bungie faced dire consequences if the acquisition hadn’t happened, saying that the “alternate history is insolvency.”

IGN