Crytek now say they need to cut back to get to remain financially sustainable.
The layoffs affect development teams and shared services.
Crytek will offer affected employees severance packages and career assistance services."
I could do with a bit more exposition myself.
Are they talking about companies expanding too fast, amid optimistic predictions of post-lockdown growth?
Betting too much on the success of VR?
Rising interest rates and cost of living?
It spiked to around 60,000 concurrent players in August 2024 with the release of the 1896 update.
Games aside, Crytek have their CryEngine business, which dates back to the noughties.
I’m not hugely optimistic for the project’s future.
Best of luck to everybody affected by Cryteks reductions.
