In 2022, Sony acquired Bungie for $3.6 billion, but Bungie was not in a good situation after being acquired, and now it has experienced layoffs, for which the Bungie CEO gave the reason that they were too ambitious and had a fiscal deficit.
Recently, Bungie CEO Pete · Parsons was picked up buying 20 classic cars worth millions of dollars on an online auction site.
The website page lists more than a dozen classic cars and motorcycles that Parsons bid on at auctions between September 2022 and June 2024. A 1967 Jaguar XKE Series I 4.2 Roadster won the bid for $205,000 on December 23, 2022. On November 22, 2023, a month after Bungie's first round of mass layoffs, he auctioned a 1971 Porsche 911S Coupe for $201,000. The total winning bids in all auctions were approximately $2.4 million.
Many of the vehicles appear in an album on Flickr called "Avants Parsons garage tour 2024," with Pete · Parsons also appearing.
Parsons has been an executive at Bungie for more than 20 years, and last year he was criticized by the public for his Destiny 2 development issues and the layoffs in October, and now he is once again facing complaints from netizens.