As I had posted before, I thought no fallout would occur until EA's quarterly earnings would come out. Nevertheless, they are letting go of people already after losing almost 25% of its subscribers:
Sadly, we are bidding farewell to some talented, passionate and exceptionally hard-working people who helped make SWTOR a reality. Impacting people’s lives this way is always very hard, but we’re ensuring the affected people are treated with dignity, fairness and respect."
In an interview with ShackNews, EA announced it would be restructuring BioWare Austin:
BioWare has restructured its studio in Austin today. Of the employees impacted, some will be able to join other projects within EA, others will leave the company. These are very difficult decisions, but it allows us to focus our staff to maintain and grow Star Wars: The Old Republic."
The Old Republic's prospects have just gotten worse after this bout of news. They say they're committed to growing the game. Hopefully there will still be people who want to play it.