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EA closes legendary RPG studio BioWare following its $55 billion buyout

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Ripple effect: BioWare fans have repeatedly feared for the studio's future ever since EA acquired the company nearly 20 years ago, and those fears intensified after last year's announcement of a Saudi-led leveraged buyout. Although BioWare hadn't released a hit title in 12 years, its early successes helped define the RPG genre, and fans likely still held high hopes for the next Mass Effect entry.

In a letter to staff on Wednesday, EA announced the closure of BioWare's Edmonton studio, its last, as part of broader cost-cutting layoffs. The storied RPG developer had begun early development on the next Mass Effect, informally known as Mass Effect 5, which has now been canceled.

EA eliminated around 400 positions this week, including a skeleton crew of 50 at BioWare. BioWare had alreadysuffered severe layoffs...

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Mark Zuckerberg Agrees to Stay in California Despite Billionaires’ Tax Ballot Measure

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