Capcom has confirmed it is shutting down its Vancouver studio, best known for Dead Rising.

"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,” said a Capcom rep in a statement to Kotaku.

The news comes after Capcom announced an expected earnings loss of around 4.5 billion Yen.

Capcom Vancouver saw layoffs in February, when 30% of the studio was let go. Today's closure will see 158 staff lose their jobs.

“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,” said Capcom.

The publisher has confirmed that a skeleton crew will remain until January 2019 to "finalise closure operations and logistics."