EA Restructures Studios, Lays Off 3% and Closes BioWare
EA is shifting resources to higher-growth games after a leveraged buyout, with about 400 jobs cut and roughly 50 positions lost at BioWare, Bloomberg reported.
- Electronic Arts announced a studio restructuring resulting in layoffs of about 3% of its global workforce, approximately 400 employees, including the closure of its BioWare studio.
- Electronic Arts faces pressure to meet investors' $700 million annual cost savings target after being saddled with $18 billion in debt following its $55 billion private-equity buyout by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners.
- BioWare, the studio behind Mass Effect and Dragon Age, is shutting down its Edmonton office after EA cancelled the next Mass Effect project, ending more than three decades of shared adventures.
- Executives announced a shift in focus for The Sims, prioritizing "Project Evergreen" while pausing development on "Project Lotus," while EA Sports revealed "Project Gridiron," a new social-first experience for American Football.
- President Cam Weber and COO David Tinson outlined a strategy to concentrate teams on core franchises, with Respawn and DICE studios collaborating on future projects including new Battlefield titles.
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The Mass Effect community is going through one of the most difficult moments in its history following news about the closure of BioWare and the uncertain future of the franchise. While fans are looking for alternatives to keep their legacy alive,...
EA shuts down legendary game studio BioWare after recent high-profile disappointments, controversies - NEW YORK TIMES POST
Electronic Arts headquarters in Redwood City, California, June 8, 2023. Electronic Arts Inc. is an American video game company. (JHVEPhoto via Getty) NEWYou can now listen to Fox News articles! Electronic Arts shut down BioWare, the longtime video game studio behind the “Mass Effect” and “Dragon Age” franchises, following years of disappointing releases and controversy [...]
EA shuts down legendary game studio BioWare after recent high-profile disappointments, controversies
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