Capcom Senior VP Exits Amid Company Layoffs

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Just when you thought the industry was pulling itself together, news comes that Capcom is undergoing company re-organization, affecting its U.S. branch.

Though the company's general workforce is likely to be impacted the most, Capcom's U.S. senior vice president Christian Svensson voluntarily stepped down from his position.

"While I wish the company the best of luck, Capcom is going in a different direction and the need for people at my level, relative to other areas, is lacking," Svensson said on his Facebook. "Those who know me well, know that I've been ready to go for quite some time. We tried some things that worked. We tried others that didn't. We fought fights that were worth fighting and even won a few. I'm proud of what we accomplished."

Capcom released a statement to Polygon offering the following:

"Capcom today laid off several employees from the U.S. office as part of an overall organizational restructure of the company. The transition to the new generation of hardware and changing industry landscape have required us to adapt our business to best meet our new goals. We sincerely thank each individual for their contributions and wish them well."

 

It's never easy to report on layoffs, but it's become an all too common practice these past few years. We wish nothing but the best to those affected, and hope this isn't just the start of a larger wave of cutbacks.

Categories: Video Game News
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