Editing Crytek (section)

=== Since 2014: Restructuring, new leadership, CryEngine V, and latest games ===
In June 2014, reports surfaced that Crytek had missed wage payments and withheld bonuses for Crytek UK and Crytek USA employees, and the company responded that it was in a "transitional phase" as it secured capital for future projects, with a particular emphasis on online gaming. In July 2014, Crytek announced a strategic deal where the rights to ''Homefront'' including ''[[Homefront: The Revolution]]'' and the Crytek UK staff were transferred to [[Koch Media]]. The team continued its work on the game as the new Deep Silver Dambuster Studios. Crytek USA was restructured to remain an engine support team while development of ''[[Hunt: Horrors of the Gilded Age]]'' was transferred to Crytek.

On 20 December 2016, Crytek announced that their studios in Hungary, Bulgaria, South Korea and China would be shut down.<ref name="auto">{{cite web |url=http://www.crytek.com/news/crytek-outlines-future-plans-and-focuses-on-return-to-core-competencies |title=Crytek Outlines Future Plans and Focuses on Return to Core Competencies |date=15 June 2015 |access-date=20 December 2016 |archive-date=21 December 2016 |archive-url=https://web.archive.org/web/20161221091327/http://www.crytek.com/news/crytek-outlines-future-plans-and-focuses-on-return-to-core-competencies |url-status=live }}</ref> On 7 March 2017, Crytek sold Crytek Black Sea to [[Sega]] and [[The Creative Assembly]].<ref>{{cite web|title=Crytek sells Black Sea studio in Bulgaria to Sega and The Creative Assembly|date=7 March 2017|url=https://venturebeat.com/2017/03/07/crytek-sells-black-sea-studio-in-bulgaria-to-sega-and-the-creative-assembly/|access-date=30 August 2017|archive-date=25 October 2017|archive-url=https://web.archive.org/web/20171025035258/https://venturebeat.com/2017/03/07/crytek-sells-black-sea-studio-in-bulgaria-to-sega-and-the-creative-assembly/|url-status=live}}</ref> On 28 February 2018, Crytek announced that Cevat Yerli was stepping down as [[chief executive officer]] (CEO) of Crytek, with his brothers, Avni and Faruk Yerli, taking over the company's leadership as joint CEOs. Cevat continues to support the company as an advisor and major shareholder.<ref>{{cite web |url=https://www.polygon.com/2018/2/28/17062472/crytek-cevat-yerli-steps-down-new-leadership-ceo |title=The CEO of Crytek has stepped down |website=[[Polygon (website)|Polygon]] |date=28 February 2018 |access-date=28 February 2018 |archive-date=28 February 2018 |archive-url=https://web.archive.org/web/20180228211401/https://www.polygon.com/2018/2/28/17062472/crytek-cevat-yerli-steps-down-new-leadership-ceo |url-status=live }}</ref> Crytek announced the next iteration of the engine branded CRYENGINE V on 22 March 2016.<ref>{{Cite web|url=https://kotaku.com/cryteks-video-game-engine-is-now-free-1765078659|title=Crytek's Video Game Engine is Now Free|date=15 March 2016 |access-date=18 June 2021|archive-date=24 June 2021|archive-url=https://web.archive.org/web/20210624200935/https://kotaku.com/cryteks-video-game-engine-is-now-free-1765078659|url-status=live}}</ref>

Crytek released ''[[Hunt: Showdown]]'' (utilising the fifth generation of the [[CryEngine#CryEngine|CryEngine]]) in 2019–20. The company has also worked on three [[virtual reality]] projects, namely ''[[The Climb (video game)|The Climb]]'' for the [[Oculus Rift]], ''[[The Climb 2]]'' for the [[Oculus Rift]] and Oculus Quest 2, and ''[[Robinson: The Journey]]'' for the [[PlayStation VR]], [[Oculus Rift]] and [[SteamVR]]. ''[[Arena of Fate]]'' was cancelled after Crytek's restructuring which saw the game's developer Crytek Black Sea sold.<ref name="auto"/>

In July 2021, German tabloid BILD reported that the Chinese Internet company [[Tencent]] was attempting to buy Crytek for over €300 million via a European subsidiary.<ref>{{Cite web|url = https://www.bild.de/politik/ausland/politik-ausland/china-konzern-will-deutsche-gaming-firma-kaufen-wegen-kriegs-simulationssoftware-77067376.bild.html|title = China-Konzern will deutsche Gaming-Firma kaufen: Wegen Kriegs-Simulationssoftware?|date = 13 July 2021|access-date = 15 July 2021|archive-date = 15 July 2021|archive-url = https://web.archive.org/web/20210715055221/https://www.bild.de/politik/ausland/politik-ausland/china-konzern-will-deutsche-gaming-firma-kaufen-wegen-kriegs-simulationssoftware-77067376.bild.html|url-status = live}}</ref>

In 2021, the Creative Services team responsible for creating trailers won a Gold MUSE Award for The Dark Sight Trailer that promoted [[Hunt: Showdown]].<ref>{{Cite web|title=HUNT: Showdown, Dark Sight Trailer|url=https://museaward.com/winner-info.php?id=220469|access-date=6 December 2021|website=museaward.com}}</ref>

On 26 January 2022 Crytek announced the fourth entry of the Crysis franchise,<ref>{{cite web |url=https://www.crysis.com/blog/new-crysis-game-confirmed |title=Next Crysis game.... CONFIRMED! |first=Avni |last=Yerli |date=26 January 2022 |website=Crysis.com |access-date=26 January 2022 |url-status=live |archive-url=https://archive.today/20220126143733/https://www.crysis.com/blog/new-crysis-game-confirmed |archive-date=26 January 2022}}</ref> but the game was put on hold in 2025 followed by another [[2023–2024 video game industry layoffs|round of layoffs]].<ref>{{Cite web|url=https://www.gamesmarket.global/business/layoffs-top-german-games-studio-crytek-lays-off-15prozent-of-its-workforce-ed446c297f64c62a54fe3709d24c0689|title=Top German Games Studio Crytek Lays Off 15% of Its Workforce|first=Stephan Steininger|last=GamesMarkt|website=www.gamesmarket.global}}</ref>