Crytek lays off around 15% of staff
pcgamesinsider.bizDeveloper Crytek is cutting roughly 15 per cent of its staff.
In a post on Twitter, the company blamed these layoffs on "the complex, unfavourable market dynamics". Cuts have been made to both its development and shared services divisions. Around 60 workers are impacted by the news.
"This has not been an easy decision to make, as we deeply appreciate the hard work of our talented teams," the company wrote.
"After putting the development of the next Crysis game on hold in Q3 2024, we have been trying to shift developers over to Hunt: Showdown 1896.
"While Hunt: Showdown 1896 is still growing, Crytek cannot continue as before and remain financially sustainable. Even after ongoing efforts to reduce costs and cut operating expenses, we have determined that layoffs are inevitable to move forward. Crytek will offer affected employees severance packages and career assistance services.
"We firmly believe in the future of Crytek. With Hunt: Showdown 1896, we have a very strong gaming service and remain fully committed to its operation. We will continue to expand and evolve Hunt: Showdown 1896 with great content and drive our strategy for our engine CryEngine."
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