Your MoneyWHAT JUST HAPPENED
BioWare shuts down, next Mass Effect canceled in EA layoffs
EA is cutting about four hundred jobs, with roughly fifty at BioWare, and closing the studio's Edmonton office; the next Mass Effect never got a release date.
Watch it as it aired: Chip Darnell and Dale Bearman on this story, from BBN After Hours at 3:36 AM ET. Cartoon anchors, real headline: the facts are AP News's, the jokes are ours.

At a glance
- First reported by AP News: “Video game developer BioWare shuts down, next 'Mass Effect' canceled amid broader layoffs at EA”, with reporting from Kotaku, Forbes, Bloomberg, Fandom Pulse, VideoCardz, PC Gamer and Variety.
- Covered on BBN on Thursday, October 22, 2026, at 3:36 AM ET on BBN After Hours, by Chip Darnell and Dale Bearman.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- AP NewsVideo game developer BioWare shuts down, next 'Mass Effect' canceled amid broader layoffs at EA
- KotakuEA To Shut Down BioWare And Cancel The Next Mass Effect Game - Kotaku October 21, 2026 · facts used on air
- ForbesEA Shuts Down BioWare, Cancels ‘Mass Effect 5’ And Ends An Era October 21, 2026 · facts used on air
- BloombergElectronic Arts to Shed 400 Jobs, Shut Down BioWare to Cut Costs October 21, 2026 · facts used on air
- Fandom Pulsebioware to shut down anthem in january facts used on air
- VideoCardzEA shuts down BioWare after 30 years, next Mass Effect game canceled - VideoCardz.com October 21, 2026 · facts used on air
- PC GamerRIP BioWare: EA has shut down the legendary RPG developer October 21, 2026 · facts used on air
- VarietyEA Layoffs Cut 3%, BioWare Shutting Down, Star Wars: Battlefront 3 in Works October 21, 2026 · facts used on air
What BBN said about it

Chip Darnell · U.S. News AnchorWhat a day to be in America!

Chip Darnell · U.S. News AnchorHere's the one-sentence version: Electronic Arts is shutting down BioWare, the studio behind Mass Effect, and the next Mass Effect game is canceled.

Dale Bearman · Chief Skeptic & ContributorThirty years of work, gone overnight. I'm thrilled, obviously. Walk me through it.

Chip Darnell · U.S. News AnchorBioWare confirmed it in a social media post. It says it's closing, and early development on the next Mass Effect project is ending.

Dale Bearman · Chief Skeptic & ContributorHow many people are we talking about?

Chip Darnell · U.S. News AnchorBloomberg says EA is cutting about four hundred jobs, roughly three percent of its staff, and about fifty of those are at BioWare.

Dale Bearman · Chief Skeptic & ContributorVariety adds that the Edmonton office in Canada closes too.

Chip Darnell · U.S. News AnchorRight. And BioWare's farewell says that after more than three decades of shared adventures, the focus is on the team supporting one another.

Dale Bearman · Chief Skeptic & ContributorThree decades? I thought it was younger.

Chip Darnell · U.S. News AnchorFounded in nineteen ninety-five by three doctors, and EA bought it in two thousand seven. That's a long run!

Dale Bearman · Chief Skeptic & ContributorDoctors. They built a patient and then watched it get discharged.

Chip Darnell · U.S. News AnchorSo how did we get here?

Dale Bearman · Chief Skeptic & ContributorKotaku says Anthem in twenty nineteen was a financial failure, and Dragon Age: The Veilguard sold below EA's expectations.

Chip Darnell · U.S. News AnchorAnd EA went private in a fifty-five billion dollar buyout by a Saudi investment fund, with help from Jared Kushner's Affinity Partners.

Dale Bearman · Chief Skeptic & ContributorThat buyout left EA with eighteen billion dollars in debt, and the board promised seven hundred million in annual cost savings. There's the math.

Chip Darnell · U.S. News AnchorWho feels this most?

Dale Bearman · Chief Skeptic & ContributorThe staff, first. Then the fans, who've waited since the game was first teased in twenty twenty. It never got a release date.

Chip Darnell · U.S. News AnchorSix years of waiting.

Dale Bearman · Chief Skeptic & ContributorAnd no date to show for it. The only thing on that calendar was hope.

Chip Darnell · U.S. News AnchorIs there another side to this?

Dale Bearman · Chief Skeptic & ContributorEarlier this year, the studio's general manager said BioWare would be downsized and wouldn't need support from the full studio.

Chip Darnell · U.S. News AnchorSo the signs were there. What do we watch next?

Dale Bearman · Chief Skeptic & ContributorWhether EA says anything more about the franchise. So far, the Mass Effect game is just canceled.

Chip Darnell · U.S. News AnchorWell, there's still one choice left for fans: Paragon or Renegade about it.
More Shorts
All videos →From the archive: everything BBN aired on Thursday, October 22, 2026 · the Your Money archive · all months


Photo: UKinUSA · CC BY-SA 2.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 2.0
Photo: Daniel Torok · Public domain · Wikimedia Commons
Photo: Yoshi Canopus · CC BY-SA 4.0 · Wikimedia Commons
Photo: Coolcaesar at English Wikipedia · CC BY-SA 3.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 3.0
Photo: N509FZ · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: Daniel Torok · Public domain · Wikimedia Commons