Originally Posted by azarhal 
The Dead Space franchise being cancelled is a rumor until no Dead Space games is announced in the next 2-3 years. Visceral Studio Montréal closing down is not a rumor despite the article saying it is and it's an insults to all those employees who just lost their jobs saying that it is.
I just said that the article was crap you know.
It's just business as usual. They wont be the first studio shut down and won't be the last. As for the rumor it's just another EA says one thing and clarifies it days later.