Developer Crytek has announced a significant reduction in its workforce, with approximately 15 percent of its staff facing layoffs. This decision, which affects around 60 employees across both development and shared services divisions, was communicated via a post on Twitter. The company cited “the complex, unfavourable market dynamics” as the primary reason for this difficult choice.
Strategic Shifts Amidst Challenges
In the wake of these layoffs, Crytek expressed its deep appreciation for the dedication and hard work of its talented teams. The company has recently put the development of the next installment in the Crysis franchise on hold, a move that has prompted a strategic pivot towards enhancing the ongoing project, Hunt: Showdown 1896.
While Hunt: Showdown 1896 continues to show growth potential, Crytek recognizes that maintaining the status quo is no longer feasible for financial sustainability. Despite ongoing efforts to streamline operations and reduce costs, the company has concluded that layoffs are a necessary step to ensure future viability.
To support those affected, Crytek will provide severance packages and career assistance services, demonstrating a commitment to its employees during this challenging transition.
Looking ahead, Crytek remains optimistic about its future. The company is dedicated to the ongoing development of Hunt: Showdown 1896, viewing it as a robust gaming service that will continue to evolve with new content. Furthermore, Crytek reaffirms its commitment to advancing its CryEngine technology, aiming to drive innovation and enhance user experiences in the gaming industry.
