News

Crytek Closing Studios, Consolidating Operations

by Matthew Kato on Dec 20, 2016 at 03:38 AM

Crytek, creators of Crysis, Ryse: Son of Rome, and PlayStation VR title Robinson: The Journey, have announced that it is shutting down five of its subsidiary studios and consolidating its future efforts in its locations in Frankfurt and Kiev.

Studios in Bulgaria, Hungary, Turkey, South Korea, and China are being closed. Crytek has previously shuttered operations in Texas and Nottingham, England (formerly Free Radical Design).

A press release from Crytek contains a quote from Avni Yerli, co-founder and managing director, which says, "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 company says it is working to secure jobs for those affected by the move, and is still committed to licensing and supporting its CryEngine program.

[Source: Crytek]

 

Our Take
This is unfortunate for all those displaced by the closings. Good luck.