Sad news to kick off the week - the Australian branch of Visceral Games has indeed been closed, putting 21 game developers out of a job.
At time of writing, the offices based in the United States and Canada appear to be unaffected.
Patrick Soderland, formerly of Battlefield developers DICE came in as Vice President of EA's Games label, and apparently decided the multi-platform title would "not be profitable", closing the studio and scrapping the project.
While there's been no official word on just what this unannounced project actually was, anonymous sources are suggesting that it was The Ripper, based on 19th century serial killer Jack.
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Jimmy the Geek