Publisher Electronic Arts is planning to shut down legendary RPG studio BioWare, laying off about 50 employees at the studio alongside 350 more elsewhere at EA.In a new Bloomberg report, a person familiar with the matter said a total of 3% of EA's overall company has been affected by this latest round of layoffs.According to a staff letter sent out on Wednesday that Bloomberg viewed, EA chief operating officer David Tinson and chief studios officer Cam Weber explained that the company took a "hard look" at its business over the last several months. This resulted in some projects getting canceled, including the next Mass Effect game--which was in early development at BioWare--as well as a planned game in The Sims franchise codenamed Project Lotus. Instead, the resources allocated to that title will be diverted to something else codenamed Project Evergreen.Many of EA's currently released franchises will continue as expected. Full Circle will keep working on Skate, but EA said the team there would be downsized. Meanwhile, its myriad sports games, Apex Legends, Battlefield, the next Star Wars Jedi game, and a new game based on Iron Man would continue to be invested in."Across our portfolio, we're making deliberate choices to align talent and investments where we see the greatest opportunities for players and long-term growth," Tinson and Weber wrote in the letter sent out to staff on Wednesday.This story is developing...