After reports that Crytek was in financial trouble after some employees claim to have not gotten paid for up to 6 months, the company has now closed 5 studios. These 5 studios are..
- Crytek Black Sea in Sofia, Bulgaria
- Crytek Budapest in Budapest, Hungary
- Crytek Istanbul in Istanbul, Turkey
- Crytek Seoul in Seoul, South Korea
- Crytek Shanghai in Shanghai, China
Read more at http://gematsu.com/2016/12/crytek-shuts-five-studios#UQ60WF2Vb8TLgxHo.99
“Undergoing such transitions is far from easy, and we’d like to sincerely thank each and every staff member – past and present – for their hard work and commitment to Crytek. These changes are part of the essential steps we are taking to ensure Crytek is a healthy and sustainable business moving forward that can continue to attract and nurture our industry’s top talent. The reasons for this have been communicated internally along the way. Our focus now lies entirely on the core strengths that have always defined Crytek – world-class developers, state-of-the-art technology and innovative game development, and we believe that going through this challenging process will make us a more agile, viable, and attractive studio, primed for future success.”