TechBloomberg1h ago
Source and leaked memo: EA plans
Source and leaked memo: EA plans to cut ~400 jobs, or ~3% of its total staff, and shut down BioWare; EA went private in August following a $55B leveraged buyout
TL;DREA laying off 400 staff, shutting BioWare, canceling next Mass Effect.
Why it matters: Signals consolidation across gaming industry; signals private equity cost-cutting pressures on creative studios.
The next ‘Mass Effect’ will be canceled as part of the layoffs — Electronic Arts Inc. said it will lay off staff and shut down BioWare …
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