• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

State Of Future Bungie Games Revealed

August 1, 2024 by Todd Black

What’s left for them to do?

One of the most dominant stories of 2024 that we sadly have to keep talking about is the layoffs that continue to spread throughout the gaming industry. Just when you think that things “might cool” off, it doesn’t. The end of July was hit with the news that Bungie was going through massive layoffs and that some of its staff was going to be reassigned to parts of Sony, which is its parent company now. The whole situation has been a mess, and as details continue to come out, the mismanagement of things continues to be shown, and the outrage continues to build.

We’ll start with the easy stuff: with the developer in dire straits, numerous reports were coming out about what the dev team would do for its next games or if certain games were going to be canceled. Enter Jason Schreier, who works for Bloomberg and helped put some rumors to rest while also revealing that certain games that were thought to be in the works or stated to be “in development” previously aren’t happening:

Just to clear up some rumors floating around, Destiny 3 was not canceled because it was never in development, per people familiar. Bungie did some very early work on a spinoff project called Payback, but they canceled that a while ago. I'll have a story tomorrow with more info

— Jason Schreier (@jasonschreier) August 1, 2024

That’s two big blows for multiple reasons, not the least of which is that one of the other projects that the company had announced years back as one of its “next big games” was also put on a “delayed status,” and who knows if that game will see the light of day again.

Plus, remember, the company’s “current big title” just had its last big DLC release, and it was troublesome. Yes, it may have done well revenue-wise, but as the layoffs prove, that’s not all there is in this industry.

Then, there is the situation with Bungie’s CEO, Pete Parsons. As noted by sources on Twitter and beyond after the layoffs were revealed, Parsons spent a couple million dollars on cars RIGHT WHEN he claimed that the company had “financial challenges.” He also made another big purchase of cars during the late 2023 layoffs within his company.

Bungie CEO Pete Parsons reportedly spent over $2.3M buying classic cars after the Sony acquisition

This was uncovered the same day he made a statement saying they laid off 220 employees because the company has been dealing with 'financial challenges' pic.twitter.com/t9WE9MxEmK

— Culture Crave 🍿 (@CultureCrave) July 31, 2024

This is sickening because it is yet another case of a big-name CEO making loads of money while all those below them suffer. The gaming industry is suffering because “big wigs” who don’t even touch the games outside of promoting them are getting made MUCH more than the actual game developers and are making choices that are causing the companies themselves to suffer.

If things don’t change, the gaming industry will be in for an even bigger world of hurt, and that’s not something that should happen simply because of greed.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

What The HELL Is Going On With Unreal Engine 5?

What The HELL Is Going On With Unreal Engine 5?

20 Game Mechanics That SUCK MOST OF THE TIME

20 Game Mechanics That SUCK MOST OF THE TIME

10 Recent Game Levels With INSANE GRAPHICS

10 Recent Game Levels With INSANE GRAPHICS

GTA 6 PC RELEASE DATE LEAKED? CYBERPUNK 2077 NEW UPDATE & MORE

GTA 6 PC RELEASE DATE LEAKED? CYBERPUNK 2077 NEW UPDATE & MORE

10 Recent AAA Games That Actually KILLED IT

10 Recent AAA Games That Actually KILLED IT

Samson - Before You Buy

Samson - Before You Buy

Starfield PS5 - Before You Buy

Starfield PS5 - Before You Buy

10 BAD Games We Actually ENJOYED

10 BAD Games We Actually ENJOYED

20 Hidden Mechanics Discovered in Recent Games

20 Hidden Mechanics Discovered in Recent Games

Category: UpdatesTag: Bungie, Destiny, Sony

Sidebar

Recent Posts

  • Rumor: Valve Just Received Shipments Of The New Steam Controller
  • Fable Twitter Account Debunks Delay Rumor, Still Coming August 2026
  • New Rockstar Job Opening Confirms They’re Looking For Fornite/Roblox Creators – For GTA Online’s FiveM
  • Rumor: Metro 2039 To Be Revealed In Xbox Show This April 16 – Will It Clash With A State Of Play?
  • Rumor: Microsoft Has Taken Profitability “Margin Pressure” Off Of Xbox And Windows

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme