Crysis 4 is on hold as developer Crytek announces layoffs
Briefly

Crytek has announced layoffs affecting around 15% of its workforce, amounting to 60 employees, due to adverse market conditions impacting the gaming industry. This decision follows the postponement of the Crysis 4 project, leading Crytek to pivot resources towards its successful title, Hunt: Showdown 1896. The statement reflects a commitment to adapt for financial sustainability, aligning with industry trends of declining job security among game developers, as evidenced by recent layoffs at Unity and broader trends within the gaming sector.
Crytek is laying off around 15 percent of its employees due to unfavorable market dynamics affecting the gaming industry, focusing on sustainable financial operations.
Despite the challenges, Crytek remains committed to its ongoing projects, particularly Hunt: Showdown 1896, while shifting away from single player development.
These layoffs reflect a broader trend in the gaming industry, where many developers face job losses amid the struggles of big-budget live-service games.
Crytek's focus has shifted to live service gaming, with a significant shift away from the Crysis franchise, which previously garnered attention for its demanding hardware needs.
Read at The Verge
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