Crytek Announces Layoffs Affecting 15% of its Workforce
Gaming developer Crytek has announced a difficult decision to lay off approximately 60 employees, representing 15% of its 400-person staff. The layoffs, affecting both development teams and shared services, are a result of challenging market conditions and the need to ensure the company's long-term financial stability.
In a statement released by Crytek founder Avni Yerli, the company cited the current unfavorable market dynamics as a primary factor. While the popular title Hunt: Showdown continues to grow, Crytek stated that maintaining its current operational structure was no longer financially sustainable. Following the decision to postpone development of Crysis 4 in Q3 2024 and subsequent efforts to reallocate staff to Hunt: Showdown, cost-cutting measures proved insufficient to prevent layoffs. Crytek will provide severance packages and career support to affected employees.
Yerli emphasized Crytek's continued commitment to Hunt: Showdown, highlighting its strength as a gaming service and promising ongoing content updates. The company also reaffirmed its dedication to the CRYENGINE.
The announcement follows previous reports of a canceled Crysis Next project, a battle royale-inspired title that was scrapped in favor of Crysis 4, which was announced in January 2022. The Crysis franchise, known for its visually stunning graphics and demanding system requirements, has not seen a new mainline entry since Crysis 3 in 2013. While remasters of earlier titles have been released, news regarding Crysis 4 has been scarce since its initial announcement.
Sakamoto Puzzle Unravels in Japan
Jan 27,2025
Roblox King Legacy: December 2024 Codes (Updated)
Dec 24,2024
Roblox: Get Exclusive "Squid Game" Season 2 Codes for Epic Rewards
Feb 20,2025
Alien: Romulus 'Fixed' Terrible Ian Holm CGI for Home Release but Fans Still Think It’s Pretty Bad
Mar 03,2025
Apex Legends keeps falling down in concurrent player count
Dec 30,2024
Marvel Rivals Debuts Midtown Map Update
Feb 02,2025
Roblox: Notoriety Codes (January 2025)
Jan 17,2025
Call Of Duty: Black Ops 6 Beta Testing Dates Confirmed
Jan 05,2025
Slither, Compete and Outlast Your Opponents in New Game Snaky Cat
Feb 26,2025
Metaphor: ReFantazio Releases New Update for January 2025
Feb 20,2025
Magnet Hero
Action / 45.6 MB
Update: Feb 11,2025
Bulma Adventure 2
Casual / 57.55M
Update: Mar 09,2024
Love and Deepspace Mod
Simulation / 2.79M
Update: Jun 10,2023
ALLBLACK Ch.1
Raising Gang-Girls:Torment Mob
Mr.Billion: Idle Rich Tycoon
Rusting Souls
VRNOID demo(Meta Quest)
Brawl Box Stars Simulator
Escape game Seaside La Jolla