When Sony acquired Bungie part of the reason was to tap into their expertise and data regarding live service games to help guide the dozen or so other live service games that SIE is making. So Bungie would be sharing data and feedback with all the studios making live service games so each of those studios doesn't have to try and reinvent the wheel when it comes to live service games.
The report we got from Bloomberg earlier this year was that Bungie provided feedback to Naughty Dog regarding the TLOU Online game and shared some concerns about the gams long term viability to engage players. As a result the feedback, the report claimed that Naughty Dog were re-evaluating aspects of the game. This was also approximately around the time that Deviation let go of a good chunk of their staff, leading folks to conclude that the Bungie review of their game may have raised concerns. At this point in time we don't know if the SIE game with Deviation is being retooled or is cancelled.
Keep in mind Bungie aren't the judge, jury and executioner here. They provide feedback to the studios and to SIE, and then all of them would figure out what to do with that information.