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EA Closes BioWare, Cancels Next Mass Effect

Following a $55 billion leveraged buyout that raised EA’s debt, the company moved to cut costs and concentrate investment on its most profitable franchises.

Overview

  • BioWare announced it is closing on Wednesday and confirmed early development on the next Mass Effect project has been ended by the publisher.
  • Bloomberg and other outlets report EA will cut about 400 jobs company-wide, including roughly 50 roles from BioWare’s Edmonton team.
  • EA told staff it will reprioritize spending toward proven, higher-return series such as its sports titles, Apex Legends, Battlefield, the next Star Wars Jedi game, and a planned Marvel Iron Man project.
  • The long-term ownership and future use of Mass Effect and Dragon Age intellectual property remain unannounced, and Canadian politicians have proposed federal support or employee buyouts but no deal has been confirmed.
  • The closure is the latest step in a cost-reduction push tied to the August leveraged buyout that added heavy debt to EA and set targets for up to $700 million in annual savings, a shift that could prompt more studio restructurings and IP sales.