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Yeah its a very greed-based reaction over Bungie's big money train with Destiny not printing money like crazy like before and Bungie didn't have a real Plan B for when this moment would happen for their projections that didn't involve just laying off a ton of people.
Same happened with Epic Games who pretty much is being propped up by the huge sums of money from their Fortnite and Unreal Engine money trains. At least with the Fortnite money train, that pretty much has been subsidizing the huge money pit that the Epic Games Store has become and some of the big acquisition purchases Epic has done in recent years. Fortnite is still printing a ton of money for Epic but because its not at the insane level anymore, Epic decided to break the glass and start laying off people and get rid of some of those acquisitions.
Rest of the gaming industry is a mix of that and them just growing way too much and too fast during the pandemic and now those unsustainable revenues expectations are no longer possible.
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