Top German Games Studio Crytek Lays Off 15% of Its Workforce

The wave of redundancies in the games industry has hit another German studio. Crytek announced layoffs today that will affect around 15% of its 400 employees, or about 60 people. "Like so many of our peers, we aren’t immune to the complex, unfavorable market dynamics that have hit our industry these past several years. It pains me greatly to share today that we must lay off an estimated 15% of our around 400 employees. The layoffs affect development teams and shared services", says Avni Yerli, Co-founder and CEO of Crytek. "This has not been an easy decision to make, as we deeply appreciate the hard work of our talented teams."

The wave of redundancies in the games industry has hit another German studio. Crytek announced layoffs today that will affect around 15% of its 400 employees, or about 60 people. "Like so many of our peers, we aren’t immune to the complex, unfavorable market dynamics that have hit our industry these past several years. It pains me greatly to share today that we must lay off an estimated 15% of our around 400 employees. The layoffs affect development teams and shared services", says Avni Yerli, Co-founder and CEO of Crytek. "This has not been an easy decision to make, as we deeply appreciate the hard work of our talented teams."