Bungie is Falling Apart as LAYOFFs Destroy their Company.. it's only getting worse

Bungie is bleeding out after laying off 292 employees (half its workforce) in June 2026, and now they're subleasing 210,000 square feet of their Bellevue HQ. Marathon is sitting at just over 3,300 players on Steam after peaking at 88,000 at launch—a 96% drop. The game reportedly cost over $200 million (likely $250 million) to develop, and players aren't sticking around. Meanwhile, Sony's $3.6 billion acquisition is looking worse by the day as Bungie's live-service gamble implodes. I break down how Bungie went from the studio that made Halo to a cautionary tale of trend-chasing, layoffs, and financial mismanagement. Destiny 2's final update dropped June 9th, layoffs hit June 25th, and now the HQ is up for sublease through 2035. Marathon's player count has fallen below 4% retention, and Bungie is scrambling to pivot the game to full PvE. This is what happens when you prioritize live-service slop over good games. #Bungie #Marathon #Destiny2 #GamingNews #RageWatch #LiveService #Sony #PlayStation #Layoffs #GamingIndustry