#bioware Tech News.

Electronic Arts Inc. announced it will shut down BioWare, an Edmonton-based studio founded in 1995, after more than three decades. The closure follows a plan to cut around 400 jobs, including roughly 50 BioWare staff, and stops development of the new Mass Effect game. This move mirrors recent industry turbulence and signals financial disruption for Canada's games sector.

Electronic Arts shuts down BioWare and cuts around 400 jobs on Wednesday, affecting roughly three percent of its workforce. The studio ends development of the next Mass Effect game. EA also reduces Skate studio Full Circle and pauses Project Lotus at Maxis to focus on new initiatives.

Video game developer BioWare is closing down, cancelling the in-development Mass Effect 5 project. This decision comes months after corporate owner EA was bought out by a group of investment firms for $55 billion, including Saudi Arabia's Public Investment Fund.

Electronic Arts will shut down BioWare and cut about 400 jobs, roughly 3% of staff, according to Bloomberg. The next Mass Effect game and a planned Sims project are cancelled. This move follows a $55B buyout led by Saudi Arabia's Public Investment Fund in August.

Electronic Arts shuts down iconic Canadian developer BioWare as part of a plan to cut 400 jobs, including roughly 50 at the Edmonton-based studio. This move follows EA going private in August after taking on billions in debt to fund cost-cutting measures.