Crytek's Shanghai studio closed down after Crytek being kicked by its landlord for not paying rent. It's reported its employees have not been paid for 7 months as well.
This is the 6th Crytek studio shutting down.
The company was reported to have 600 employees last year, now with studios shutting down as they aren't managing to pay their employees, it's unknown how much have they lost by now and if the company will be able to turn this downhill around.
Read here:
http://www.tweaktown.com/news/57202/report-crytek-shanghai-studio-closes-due-unpaid-rent/index.html
Comments
.....so sorry but 2 weeks with no pay and I don't walk back in the door, got bills to pay and I don't have time for scrubs especially considering the ones in charge rarely ever lose out when a company is going down.
Brenics ~ Just to point out I do believe Chris Roberts is going down as the man who cheated backers and took down crowdfunding for gaming.
The humiliating way the studio was shut down, kicked out by their landlord was quite the punch in the face of those employees. Purposely ignoring the studio until they got kicked by their landlord is wtf!
Even if Crytek lives past this, what happened with this studio will cast a bad light on the company within the industry.
It seems weird to the working man but to "artists" it seems passion for your "art" will lead to great sacrifice if needed.
I have heard a few times of game devs and other employees going without pay to help get a game completed. The same goes for the movies and music. Sacrifice personal stability for your "craft".
EDIT: Or they were gullible and made a stupid life decision as @MaxBacon said.
Bartoni's Law definition: As an Internet discussion grows volatile, the probability of a comparison involving Donald Trump approaches 1.
Could not agree more. I've had the same situation with my wife 5 years ago, where one month worth of pay was 'lost in administration'. I figured to screw them and hand it over to a debt collecting agency for that one month, and within 2 weeks they paid up (company went bankrupt 2 years later BTW). Bottom line - NEVER wait for your boss to pay when he's already behind...
Especially on jobs very based on contracts where the company needs to get paid before you get paid, we have to choose between accepting that when the company struggles you will not get paid so you continue working until they pay what they own you... Or walk out the door.
There are the cases where continuing working is the right call and things get back to normal, and where the company's downhill is for good and you have literally worked for free.
So I have been in that situation, I worked 2 months without pay, but I got paid and kept the job at the end.
For me this goes, if you can find another job when you're in this situation, go for it, if not, go on your best judgment if the risk is worth taking.
What is known is that Crytek is to get a 500million investment from the Turkish government.
Doesn't mean I don't care about the hard times a company is having or about their product but I made my choice about what is important and needs to come first in my life.
I get the whole starving artist thing but 7 months..lol you need to learn to cut your losses at some point.
Brenics ~ Just to point out I do believe Chris Roberts is going down as the man who cheated backers and took down crowdfunding for gaming.
I think that's what the majority does already.
I was fortunate, it looks like Crytek was not.
Crytek needed more games using this engine, other than Riders of Icarus. Also, giving away the engine was not a good idea either.
If you look at this emails from employees of this studio I'm not sure if the investor they are talking is the Turkish one. Their promised payment never happened so it seems.
Crytek seems to be bankrupt and multi-millionaire at the same time...
Some countries have insurance-like system where if your employer can't play you can get some amount of unpaid salaries from the system.
I've got no idea if Shanghai has anything like that, though, and even if they had such system would be unlikely cover 7 months.
I think they are obligated to pay up those employees, aren't they?
One of the most common reasons that business's fail is by expanding too rapidly and financing to support that expansion.
If things keep in a positive direction, it's all good. The bad times always come and if your over extended, your in trouble.
"Be water my friend" - Bruce Lee
That is assuming that Amazon has full rights to the engine. If not, they could also be waiting the imminent sell-off in order to buy up their IP.
The engine marketplace is a fickle bitch these days. Remember that these places used to charge millions in licensing fees, plus royalties *sigh*. Now they're all free! And you only have to pay them if you do well, lol.
Crazkanuk
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If they are not paying me for long enough then that should be a strong enough reason to quit and still qualify for unemployment collection while I find another job. Working for free only works for volunteers that either dont have responsabilities or have another form of income.
My opinion, if i was a Crytek employee i would not be with them after the first month without pay.