Crytek In Financial Trouble

I've had a company pay me late and it is very worrying. That company ended up cutting some employees but eventually recovered. So it might not be that bad, but it is very stressful when you work at such a place so my heart goes out to them.

Well we have a few more updates as it seems Crytek has found more funding, but had to sell some of it's IP's. So things are still not looking bright for the developer.

Thank go to Bluesnews for the news-bits.

Crytek Gets Funds for "Transitional Phase"

Link- http://www.bluesnews.com/s/153561/crytek-gets-funds-for-transitional-phase

Deep Silver Acquires Homefront from Crytek

Link- http://www.bluesnews.com/s/153688/deep-silver-acquires-homefront-from-crytek

Here is another link about more layoffs and studio closures.

PC Gamer- Crytek UK is closing down & Austin studio suffers layoffs

Link- http://www.pcgamer.com/2014/07/30/c...ont-sale-while-austin-studio-suffers-layoffs/

So as I said above not looking good at all.