EA to Shutter BioWare Studio, Cut Jobs as It Narrows Game Slate
EA said the cuts will refocus spending on sports and blockbuster franchises after it closed BioWare and ended early development on the next Mass Effect.
- On Wednesday, 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.
104 Articles
104 Articles
BioWare Is Shutting Down, Next 'Mass Effect' Game Canceled: What About Amazon's TV Series?
BioWare is shutting down after more than 30 years, and the next Mass Effect video game is no longer moving […] The post BioWare Is Shutting Down, Next ‘Mass Effect’ Game Canceled: What About Amazon’s TV Series? appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Electronic Arts (EA) has announced the closure of its BioWare gaming studio to employees. The company informed employees of the decision on Wednesday in an internal letter obtained by Bloomberg.
BioWare Becomes First Major Casualty Of Saudi Arabia's EA Takeover
When news came out that Saudi Arabia's Public Investment Fund had taken a majority stake in Electronic Arts last September, it was clear to anyone familiar with Saudi Arabia, EA, private equity, or capitalism that the move would make an already terrible gaming company even worse. I wrote as much at the time, and though the sale took until August of this year to go through, I can grimly say that I was completely right: On Wednesday, Bloomberg vid…
'Mass Effect: Legendary Edition' Disclosure The Electronic Arts (EA) will close the operation of one of its most celebrated studios, BioWare, and end the development of the new game of the franchise "Mass Effect". "There is nothing easy to write these words. Our focus at this time is on our incredibly talented team, who put the heart in these games, and in supporting us during this transition," the studio wrote, confirming the end of the activit…
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