Bungie CEO criticised for spending millions on classic cars, as calls for leadership changes escalate
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Following news of yesterday’s layoffs at Bungie, CEO Pete Parsons has faced criticised from staff for spending millions on classic cars since the studio was purchased by Sony in 2022 and bragging about his lavish collection, as the company headed towards this week’s latest brutal round of job losses.
Employees – some of whom are now unemployed – have shared links to an array of classic cars purchased via the Bring a Trailer website, with Parsons profile public and listing a vast number of auction wins. The earliest was in September 2022 costing $34,000; the most recent was 1st June this year costing $91,500, just a month before these latest layoffs. “How exciting!” wrote Parsons in a comment. “I have wanted a c1 since I was a little kid. My second hot wheel ever (in gold). Going to its forever home.”
Parsons spent $79,000 on a vehicle in October 2023 just ahead of the previous layoffs, followed by three more purchases over the remainder of the year – including a Porsche costing over $200k. In total, Parsons appears to have spent $2,414,550 on vehicles.
