A file photo of Bungie workers at the company’s headquarters. Bungie laid off around 8% of its employees, according to documentation reviewed by Bloomberg. — Bungie
Bungie’s decision to cut an estimated 100 jobs from its staff of about 1,200 followed dire management warnings earlier this month of a sharp drop in the popularity of its flagship video game Destiny 2.
Just two weeks ago, executives at the Sony-owned game developer told employees that revenue was running 45% below projections for the year, according to people who attended the meeting.
