Crytek, facing financial challenges, has announced a significant restructuring effort that includes laying off about 60 employees, which represents approximately 15% of its total workforce of 400. This move comes as part of a broader strategy to navigate the company's current economic pressures.
Alongside the layoffs, Crytek has revealed that the development of the eagerly awaited next installment in the Crysis series has been put on hold. This decision was made in the third quarter of 2024, with the studio redirecting all its resources to focus on the expansion of Hunt: Showdown 1896. The developers considered reallocating staff to ongoing projects such as Hunt: Showdown 1896 and the new Crysis game, but ultimately found this approach to be unfeasible. Despite efforts to cut costs through other means, layoffs were deemed necessary.
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Looking ahead, Crytek's primary focus will be on enhancing the content for Hunt: Showdown 1896, while the new Crysis game faces an indefinite delay. The company has committed to supporting its laid-off employees with severance packages and career transition services.
Despite these challenges, Crytek remains confident about its future. The studio is dedicated to continuing the development of Hunt: Showdown 1896 and advancing its CRYENGINE technology, aiming to strengthen its position in the gaming industry.