Now that this is officially confirmed, I still think this might work out better for SWTOR. It also might work well for BioWare to fully focus on the DA and ME franchises and fully commit themselves to single player games. They’ve meandered for too long and need to focus on their strengths. Here’s hoping SWTOR keeps on receiving updates, and that DA: Dreadwolf is a worthy successor.
I feel awful for those being laid off, but honestly this was inevitably coming for SWTOR sooner or later. I’m just thankful they aren’t outright shutting it down. My personal experience of the game is that it was never a great MMO, but it’s an excellent single player game with occasional multiplayer interaction. I’ve gone back multiple times just to replay the numerous single player storylines.