Bungie CEO Pete Parsons has seemingly spent over $2 Million on classic cars and motorbikes since Sony bought the studio back in 2022

Since Bungie was acquired by Sony back in February 2022 for $3.6 billion, the Destiny 2 developer’s CEO Pete Parsons has seemingly spent over $2 million on classic cars and motorcycles via auction site Bring A Trailer. A number of the account in question’s purchases have come in the months surrounding mass layoffs at Bungie.

Parsons has faced calls to resign following yesterday’s announcement that the studio is laying off 220 staff, with a further 155 set to integrated into Sony, and 40 being “spun off” into a new PlayStation studio which will take on development of one of Bungie’s “incubation projects”. In the announcement, Parsons wrote that Bungie had been “overly ambitious, our financial safety margins were subsequently exceeded, and we began running in the red”.

Since news broke of these latest layoffs, which follow another round of job cuts at Bungie back in October 2023, an account on classic car auction site Bring A Trailer with the username ‘bngpparsons’ has come to light. Valorant player association program manager Taylor ‘Tailored’ Broomall has claimed in a tweet that this account, which has clocked up over $2 million worth of winning bids since September 2022, belongs to Parsons.

Read more

Source

About Author