Destiny 3 Is Not In Development, Bungie is planning layoffs
Briefly

Destiny 3 Is Not In Development, Bungie is planning layoffs
Bungie announced it will stop developing new Destiny 2 content, with no immediate plan to move the Destiny 2 development team onto Destiny 3 after the game ends next month. Staff are expected to be laid off, with no specific number provided. Employees are pitching the next company project, including additional content within the Destiny universe, but nothing has been approved. Bungie’s Bellevue, Washington headquarters makes it expensive to operate within Sony’s portfolio. Sony has raised prices and cut costs in a challenging market, and there is no guarantee that proposed projects will proceed. Marathon is the current major focus, but sales and player numbers have not met expectations, and Sony recorded an impairment charge of $565 million.
"“The company doesn't have a new project lined up for Destiny 2 's development team after the game comes to an end next month”. He specifically says that Bungie doesn't plan on immediately jumping into developing Destiny 3."
"“there's no guarantee that any will move forward in a challenging market that has led companies like Sony to raise prices and cut costs”. Right now, Marathon is Bungie's major focus, but it hasn't been going well. Sales and player numbers have not impressed so far, but Bungie is seemingly confident that the game can continue to grow and become a big success."
"Bungie's staff are apparently looking to pitch the company's next project, including more stuff within the Destiny universe, but nothing has been greenlit. Furthermore, layoffs are expected to hit the company. No estimated number of layoffs was given."
"Confident or not, that didn't stop Sony from recently putting another impairment charge on Bungie, this time for $565 million. Bungie's headquarters in Bellevue, Washington, making it one of the most expensive studios to run within Sony's portfolio."
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