Capcom Europe: over half of staff facing redundancy amid restructuring efforts - report

Capcom Europe could trim over 50% of its workforce as the company undergoes restructuring efforts, reports suggest.

In today's print edition of MCV, the report states that Capcom Europe, "is undergoing a major restructure following a difficult year." It adds, "[MCV] understands more than half of the European arm faces redundancy, with a number of jobs set to merge".

A Capcom rep told the site in a statement, "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."

It comes as Capcom's recent financials confirmed that several key releases had failed to hit their sales targets, such as DmC: Devil May Cry and book-ended by a weak Lost Planet 3 launch.

We'll have more on this issue as it develops.

Via Videogamer.