Crytek, the renowned game developer, has announced a significant restructuring initiative, which includes laying off around 60 employees, representing about 15% of its workforce of 400. This decision comes as the company grapples with financial challenges.
Alongside the layoffs, Crytek has also revealed that it has temporarily halted the development of the eagerly awaited next installment in the Crysis series. This strategic pause was made in the third quarter of 2024, with the company redirecting all its resources to bolster the development of Hunt: Showdown 1896.
Crytek considered reassigning its staff to ongoing projects such as Hunt: Showdown 1896 and the new Crysis game. However, after thorough evaluation, the studio found this approach to be unfeasible. Despite efforts to cut costs through other means, the decision to proceed with layoffs was deemed necessary.
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Looking ahead, Crytek's primary focus will be on expanding the content for Hunt: Showdown 1896. Meanwhile, fans of the Crysis franchise will have to wait longer as the next Crysis game has been postponed indefinitely. Crytek has committed to providing severance packages and career transition support to those affected by the layoffs.
Despite these challenges, Crytek remains confident about its future. The company is dedicated to further enhancing Hunt: Showdown 1896 and advancing its CRYENGINE technology, ensuring continued innovation and growth in the gaming industry.