It has been a long and tumultuous ride for Capcom Vancouver. After taking over development of the Dead Rising series in 2010, the Studio has had ups and downs. Dead Rising 3 and 4 were exclusive to the Xbox One And didn’t quite have the success, critically and financially, as past entires in the series.

A report earlier this year said that the studio had been down-sized and was focusing on Dead Rising 5. News broke this morning that all projects at Capcom Vancouver have been canceled and Capcom is CLOSING the studio.

They confirmed the news to GameDaily in an official statement.

Capcom is currently reviewing the allocation of its development resources that support the production of world-class content. Capcom has been focused on increasing the efficiency and growth of its game development operations. To support this objective, new R&D facilities and annual hiring have been underway at the Osaka headquarters. In consideration of this process, as a result of reviewing titles in development at Capcom Vancouver, Capcom has decided to cancel the development projects at this studio and will concentrate development of major titles in Japan.

“As part of this overall direction, the CV studio will suspend operations, effective today, so the current staff will be laid off and the office will be closed.

“We appreciate the hard work and contributions of all the studio team members in creating unforgettable gameplay experiences for the Dead Rising series and Puzzle Fighter.”

We here at The PlayStation Brahs would like to wish all of the team impacted by this closer the best of luck in landing at a new job.