Destiny developer Bungie cutting 220 jobs after exceeding 'financial safety margins'

Plus, Studios can 'suffer' on the stock market: Hitman dev IO Interactive says independence brought stability, EA beats net bookings expectations in Q1, feels record-breaking Q2 could be on the cards, and more - [Game Developer Daily](?sp_aid=124916&elq_cid=22018255&sp_eh=558b5bca28770e5056e8cfadd2bf9a5dda06ed0e24183b37db416422421c3bbf&utm_source=eloqua&utm_medium=email&utm_campaign=Gama_NL_Game%20Developer%20Daily_07.31.24&sp_cid=54540&utm_content=Gama_NL_Game%20Developer%20Daily_07.31.24&sp_eh=558b5bca28770e5056e8cfadd2bf9a5dda06ed0e24183b37db416422421c3bbf&elqTrackId=e4b4f2dbd6ea40d7a2b60be15ac8a00a&elq=421d77b6f7e94225b961398bcbc4de2f&elqaid=124916&elqat=1&elqCampaignId=54540) July 31, 2024 — JUMP TO — [From Our Sponsors](#sponsors) | [Featured Blogs](#blogs) | [Top Job Postings](#job) | [Resource Center](#resources) [TOP STORIES] [Destiny developer Bungie cutting 220 jobs after exceeding 'financial safety margins']( Bungie also plans to integrate over 100 employees into Sony Interactive Entertainment and PlayStation Studios to help 'save a great deal of talent.' [EA beats net bookings expectations in Q1, feels record-breaking Q2 could be on the cards]( The publisher is optimistic about the prospects of a release slate featuring EA Sports FC 25, Madden NFL 25, and Dragon Age: The Veilguard. [Studios can 'suffer' on the stock market: Hitman dev IO Interactive says independence brought stability]( IOI chief development officer Veronique Lallier explains how splitting from previous owner Square Enix paved the way for growth. [Xbox hardware revenue is in decline, but Microsoft says subscriptions and content define success]( Xbox hardware revenue dipped by 13 percent across the last fiscal year, and Microsoft expects that trend to continue. [More Than Movements: Solving Animation Problems]( Common animation problems in mobile game development and finding practical solutions to improve quality. [More Stories »]( [FROM OUR SPONSORS] [FEATURED BLOGS] [More Than Movements: Solving Animation Problems]( Common animation problems in mobile game development and finding practical solutions to improve quality. [More Than Movements: Animation in Mobile Game Dev]( Common animation problems in mobile game development and find practical solutions to improve quality. [Level Design Postmortem: Sixth Street (Zenless Zone Zero)]( In this article, I will focus on the methods and processes used in developing the hub world known as Sixth Street. [A small games manifesto]( 'Most great franchises were born from small games and incremental investment. This is far from easy in a crowded market, but it’s the path to sustainable s... [What Makes the "Survival" of Survival Horror? The Difference between Scares and Shooting]( What is the difference between a survival horror game and an action horror? [More Blogs »]( [JOB LISTINGS FOR TODAY] Iowa State University: United States [Assistant Professor – Game Design]( [RESOURCES] [More Resources »]( [Facebook]( [Twitter](gamedevdotcom?sp_aid=124916&elq_cid=22018255&sp_eh=558b5bca28770e5056e8cfadd2bf9a5dda06ed0e24183b37db416422421c3bbf&utm_source=eloqua&utm_medium=email&utm_campaign=Gama_NL_Game%20Developer%20Daily_07.31.24&sp_cid=54540&utm_content=Gama_NL_Game%20Developer%20Daily_07.31.24&sp_eh=558b5bca28770e5056e8cfadd2bf9a5dda06ed0e24183b37db416422421c3bbf) [Linkedin]( [YouTube]( This email has been sent to {EMAIL}. To understand how we use your personal information, please see our [Privacy Policy.]( You can unsubscribe from Game Developer communications by [clicking here.]( Brand c/o Informa Tech Holdings LLC | Registered in the United States with number 7418737 605 Third Ave., 22nd Floor, New York, New York 10158, USA [Informa Tech](