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Bungie Devs Say Atmosphere Is ‘Soul-Crushing’ Amid Layoffs, Cuts, and Fear of Total Sony Takeover - IGN (www.ign.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 19 points 11 months ago (1 children)

So...Bungies leadership is worried that Sony will completely take over, so they're making it into a dumpster fire?

That'll only mean that Sony will take over and fire the Bungie executives making these decisions, giving them generous severance packages on top of all the bonuses they'll give themselves for cutting costs...wait, I think I figured it out.

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago)

If Bungie falls short of certain financial thresholds by too great an amount, Sony is allowed to dissolve the existing board and take full control of the company.

Also the article mentions the board being split 50/50 between Sony and Bungee, with 1 tie breaker. So I don’t think they’re trying to hand it over to Sony when they could’ve just done that at any stage without a convoluted scheme.