I think there's something the person posting over at gamedev.com has gotten wrong.
As far as I remember Bioware was first Ray&Gregs own company e.g. privately owned by Ray&Greg. As such it has no shares or stocks etc.
The same should be true for the 2½ years or so when Bioware were owned by Elevation Partners - and put together with Pandemic Games for some odd reason. Bioware should have no stock or shares - at least not in public knowledge.
It is possible that the employees of Bioware have the possibility to buy non-deciding stock or shares of the company which mean that Ray & Greg still holds the deciding shares.
I think it is common practice, at least it seems to be it here in Denmark, Europe, to buy or 'force' employee stock back into the company when said employees are leaving the firm. I doubt, however, that Bioware would be this stupid as this info, if correct, only will hurt them, in the long run.
As for the comment on gamedev etc. I have to say that according to a Bioware dev. over at rpgwatch Bioware is one of the best companies (if not the best company) to work for in the game industry.
Of course his judgment is a bit clouded since he's working at Bioware, but I have heard him say that when he&his wife had their first baby, Bioware made sure that they had enough money to buy supplies for a year. And they got a card too - which had a - let's just say a substantial amount of money in it in the form of a cheque.
Bioware also have a lady whose only job is to make the quality of life better. They even have their coffee brand. They are allowed run errands during office works, to play games, either video or other games like tabletennis and such games.
As for the people being walked out the door, I don't really understand this comment. In every job there are crunch times whether it is the car factory worker working hard to make the deadline on the shipping on the new car, the teacher working hard to make the deadline for exams, or game developers working hard to get a game out the door or the factory worker that's working in a factory that makes wind mills. If you then don't want to do the job, to be part of the team, then, yes, you will be walked out the door, especially if you only have a temporary work assignment.
I don't think it is illegal in Canada to say to a worker, 'ok, you're employed from this date to this date'. And if you perform well, you might have a shot at being employed all the time with a contract.
I know from the Bioware employee that hangs out over at the rpgwatch that they >b> do get extra free time when they ask for it, game devs get 14-21 works off after finishing a game like Mass Effect. They also arrange for game devs to have 4 day weekends etc. etc.
Quite frankly, this is some of the best work conditions for employees I have seen in the game industry. And it is certainly not the same as the working conditions that the EA spouse exposed.
(also posted on sufergirls blog, but I am not convinced that I did the whole letter apporved thing correctly..).