Capcom to shut down all projects at their Vancouver studio

An attendee plays on a Nintendo Co. Switch video game console during the E3 Electronic Entertainment Expo in Los Angeles Calif. on Wednesday

It's most notably responsible for "Dead Rising" and the free-to-play game "Puzzle Fighter".

"Capcom is now reviewing the allocation of its development resources that support the production of world-class content", reads the statement to GI.

Capcom has shared a notice detailing the financial ramifications of "the termination of development projects" previously in the works at Capcom Vancouver, though details on the cancelations such as specific games or the number of projects affected were not given.

Speaking with GI.biz, a Capcom spokesperson confirmed news of the Vancouver studio's closure.

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Dead Rising 5 might be possibly canceled if it was ever in development as the series is put on hold due to the cancellation of several projects at the main studio behind it. "To support this objective, new R&D facilities and annual hiring have been underway at the Osaka headquarters". All in all, the closing will leave 158 studio employees without a job. "A skeleton crew will remain until January 2019 to finalize closure operations and logistics".

Following a press release issued earlier today in which Capcom revealed "the termination of development projects" at Capcom Vancouver, the publisher confirmed in a statement sent to Kotaku that the studio will be closed completely early next year. Despite the anticipated loss, it's not changing its forecast for the rest of the fiscal year. That game has exceeded the company's expectations, selling over 8.3 million copies.

In February Capcom announced it had canceled at least two projects at the studios: an unannounced action-adventure title, and the next Dead Rising title. "No new titles have been announced".

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