Bungie’s Sony deal closed July 15, 2022. The WARN notice says employees’ last day is July 9, 2026, 6 days before the four-year anniversary. If any acquisition-related stock or retention grants were set to vest on the 15th, Sony may have cut people just before their final payout.
The most important part of the announcement:
"Unfortunately, console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027."
In hindsight, Xbox Series S at $299 looks like the best deal for a console launch ever; a device that'll play Gears of War: E-Day, Grand Theft Auto VI or Fable.
It's kind of crazy how far we've drifted from these price points today.
Following Apples hardware price increase earlier today, now Xbox shares Updates to Xbox Console Prices:
• Xbox consoles will increase by US$100 for 512 GB models
• Xbox consoles will increase by US$150 for 1 TB models
• Effective August 1, 2026
Xbox also shares programs to make Xbox consoles more accessible:
• Buy Now, Pay Later: on Microsoft Store
• Interest Free Financing: Amazon 0% APR financing for up to 12 months
• Previously Played Consoles: working with retail partners on new programs to provide previously played consoles at lower prices
• Certified Refurbished Consoles
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