Bungie Is 'Exploring' Subleasing Parts Of Its Massive 210,984 Sq. Ft. Studio After Laying Off More Than 600 People In Just Three Years
Key Points:
- Bungie is exploring subleasing large portions of its expanded Bellevue, Washington headquarters due to evolving workplace needs and a shift to a digital-first remote work model.
- The studio more than doubled its office size in 2021, driven by Destiny 2's pandemic-era success, but recent mass layoffs and declining game fortunes have left much of the space underutilized.
- Bungie's HQ features state-of-the-art amenities including a workout area, climbing wall, motion capture and streaming studios, and specialized audio rooms, many of which are now part of the sublease offering.
- Sony acquired Bungie for $3.6 billion, but attempts to expand beyond Destiny 2 have largely failed, leading to canceled projects and the official sunsetting of Destiny 2.
- Bungie's workforce has shrunk from over 1,500 at its peak to around 500 employees after multiple layoffs, reflecting a strategic pivot toward remote work and cost management.