More info: (Destiny)

by Vortech , A Fourth Wheel, Tuesday, October 31, 2023, 16:31 (388 days ago) @ Cody Miller

New info about the Bungie layoffs. Per a source: pic.twitter.com/sPs9dLTruI

— Paul Tassi (@PaulTassi) October 31, 2023

The layoff decisions came directly from Bungie management, not Sony. This is not about Sony replacing Bungie employees with their own people.

Many employee benefits (though not health insurance), only last until the end of the month if you're let go. Laying people off on the 30th means a single additional day of coverage.

Many employees had unvested shares as a result of the Sony purchase. These shared would be recieved based on staying with the company for a certain number of years following the sale. But those shares revert to Bungie if you leave, even if you're fired, which is what's happening now to many of those affected.

What a dogshit company. I changed my mind, Claude. There’s literally nothing they could do to get me to reinstall Destiny, not that it was likely anyway.

So… the management is basically stealing from the employees, but in a way that's perfectly legal. Wow. Cool and normal.

This sucks, and I'm not approving that people got laid off, but firing someone is not stealing from them. Words have meanings. Stock grants are a part of compensation and they only vest if you are employed on the vesting date. Like like your paycheck only comes if you are still an employee.