Rumor Mill: Capcom Europe May Lay Off Half It's Staff

Rumor Mill: Capcom Europe May Lay Off Half It's Staff

As we reported yesterday, Sega of America, laid off a undisclosed number of its staff due to restructuring within the company.

Now it looks as if Capcom will be following the trend. 

Rumors are circulating that Capcom Europe will lay off roughly half of it's staff due to the same type of corporate restructuring. Capcom recently went through this process in it's American branch over the summer, and now may be making significant cuts overseas. 

Capcom issued the following statement: "Following a restructure at its US operation, Capcom's European organization is currently evaluating its structure to ensure it is in the best position to take advantage of the changing market conditions the industry is facing."

The lay off's in the US branch saw several employees lose their jobs including former senior VP of planning and business development Christian Svensson.

Earlier this year, Capcom announced it had lost $73 million due to game cancelations, that were blamed on poor quality due to abundant outsourcing by their overseas teams.

In March 2013, Capcom reported having a international employee count of roughly 2,500 people. On the heels of their recent loses, it's not a surprise that we could see that number cut rather drastically. 

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[via Joystiq]

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