Sony Group Corp.'s (NYSE:SONY) Bungie, the developer behind Destiny 2, has joined the growing list of video game studios facing layoffs in 2023.

The extent of the layoffs remains unspecified, and employees were informed of the downsizing on Oct. 30, IGN reported.

Bungie CEO Pete Parsons wrote on X: "Today is a sad day at Bungie as we say goodbye to colleagues who have all made a significant impact on our studio."

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"What these exceptional individuals have contributed to our games and Bungie culture has been enormous and will continue to be a part of Bungie long into the future," he added.

Additionally, Bungie's Destiny 2 expansion, "The Final Shape," has been delayed from its initial release date in February 2024 to June 2024.

Furthermore, the release date for their project "Marathon" has been pushed to 2025.

This wave of layoffs in the gaming industry is not unique, as other prominent studios have also been affected in 2023.

CD Projekt ADR (OTC:OTGLY), known for The Witcher and Cyberpunk 2077, underwent multiple rounds of layoffs as part of a restructuring effort to prepare for significant development initiatives. Meanwhile, Epic Games cut 830 jobs, impacting developers like Mediatonic.

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