Crytek Closes Five Studios

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We’ve talked before about the issues going on at Cryek. After a year of paying salaries late (October’s salaries were just paid this week), big changes are coming to the company. The company announced they are closing studios in Budapest, Hungary; Sofia, Bulgaria; Seoul, Korea; Shanghai, China; and Istanbul, Turkey in order to “refocus on its core strengths of developing innovative games and game-development technology.”

Crytek now only has their studios in Frankfurt, Germany and Kiev, Ukraine. In a news release, a spokesperson for Crytek said they are working to “put plans into action to secure jobs and to ensure a smooth transition and stable future” for all affected employees. Rumors of a sale of the Black Sea studio in Sofia may not happen, as nothing is being announced.

Rumors passed on to Kotaku say Warface, the project the Kiev studio has been working on, is being sold to Mail.Ru, a Russian games publisher.

Avni Yerli, co-founder and managing director of Crytek said that the “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.”

If they want to attract top talent, they may want to actually pay them while they’re at it. These stories will likely scare away potential employees for quite a while to come.

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