Post-layoff justifications are fast becoming their own brand of technobabble. In case you're out of the loop, Bungie laid off 220 employees late last month due to "rising costs of development", "economic conditions", and all the things you're used to hearing by now...
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Sony says the 220 layoffs at Bungie were made in the name of—you guessed it—things like 'portfolio optimization' and enhancing 'the efficiency of the business'
Source: PC Gamer (opens in a new tab)