People·October 21, 2026 at 1:04 PM EDT·3 sources
Electronic Arts to Cut 400 Jobs, Shut Down BioWare
take private, log scale$55B
$100M$1B$10B$100B
What happened
- Electronic Arts plans to cut around 400 jobs, or about 3% of its staff, according to Bloomberg and Deadline.
- EA plans to shut down BioWare, with about 50 BioWare employees included in the layoffs.
- The next “Mass Effect” game will be canceled as part of the layoffs.
Planned job cuts
around 400
Share of staff
about 3%
BioWare employees affected
about 50
Leveraged buyout value
$55B
Why it matters
The restructuring affects gaming-industry employment and EA’s project portfolio, while its reported $55B leveraged buyout makes the cost focus relevant to sponsors, private equity and corporate-finance professionals.
Deal terms
take private
Electronic Arts
Value
$55B
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Timeline
- First reported by BloombergOct 21Electronic Arts to Cut 400 Jobs, Shut Down BioWare
- Techmeme reportsOct 21Source 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 (Jason Schreier/Bloomberg)
- Deadline reportsOct 22EA Cuts Around 400 Jobs, Shuts Down BioWare
Who is involved
Electronic Arts to Cut 400 Jobs, Shut Down BioWareElectronic ArtstargetBioWareMass Effect
Company
Sources (3)
- BloombergOct 21Electronic Arts to Cut 400 Jobs, Shut Down BioWare
- TechmemeOct 21Source 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 (Jason Schreier/Bloomberg)
- DeadlineOct 22EA Cuts Around 400 Jobs, Shuts Down BioWare
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