EA cuts 400 jobs, shuts BioWare, cancels Mass Effect after Saudi-led buyout

Electronic Arts announced a 3% workforce reduction (400 jobs), closure of BioWare studio, and cancellation of the next Mass Effect title as part of restructuring following a $55B Saudi-led buyout. The move signals post-acquisition cost discipline and portfolio rationalization, with implications for the gaming sector and sovereign wealth fund investment strategy.

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