Capcom to lose over half its European workforce after string of unsuccessful game releases, new report says.

Capcom is looking to cut its European workforce by more than fifty percent, an MCV report says.

A difficult year is cited as the reason for the redundancies, after many of the publisher's titles failed to meet sales expectations.

The company's latest financial reports showed that Resident Evil 6 and DmC: Devil May Cry both failed to meet sales expectations, and the recently-released Lost Planet 3 was unable to crack the UK top 20 in its first week on sale.

In a statement to MCV, Capcom said "following a restructure at its US operation, Capcom“s European organisation 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."

Looking ahead, Capcom has Xbox One launch title Dead Rising 3 on the cards, and chart company Media Create reported that 3DS exclusive Monster Hunter 4, which is yet to launch across North America and Europe, sold 1.7 million copies during its first weekend on sale in Japan.

The publisher is also working on free-to-play adventure Deep Down for the PlayStation 4.

Read and Post Comments | Get the full article at GameSpot