Crytek Announces Layoffs Affecting 15% of its Workforce
Game developer Crytek has announced a reduction in its workforce, impacting approximately 60 employees, or 15% of its 400-person staff. The decision, announced via a tweet and statement from founder Avni Yerli, cites challenging market conditions and the need for financial sustainability.
While the company's successful title, Hunt: Showdown, continues to grow, Crytek states that maintaining its current operational structure is no longer feasible. Following the postponement of Crysis 4 in Q3 2024 and efforts to consolidate resources towards Hunt: Showdown, cost-cutting measures proved insufficient to prevent layoffs.
The layoffs affect various teams, including development and shared services. Crytek assures affected employees will receive severance packages and career support.
Yerli's full statement emphasizes the difficult nature of the decision and Crytek's commitment to Hunt: Showdown's continued growth and development, along with the future of its CRYENGINE. The statement highlights the ongoing success of Hunt: Showdown as a key component of Crytek's future strategy.
The news follows previous reports of a canceled battle royale-inspired Crysis project, codenamed Crysis Next, which was scrapped in favor of Crysis 4, announced in January 2022. The Crysis franchise, renowned for its visually stunning graphics and demanding system requirements, has not seen a mainline release since Crysis 3 in 2013, although remasters of earlier titles have been released in recent years. The future of Crysis 4 remains uncertain following this recent development.
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