2 years ago: http://www.polygon.com/2014/8/8/5982995/crytek-employee-pay-withheld-save-company-cevat-yerli
"You have two choices," Yerli said. "Either you delay payments again delay... it's not that they didn't get paid, they got delayed delay payments and salvage the company. Or, you push your cash flow directly to the studios and you file for insolvency. Both options are really bad. So you have to make the better of the two bad decisions."
Yerli says that employees were alerted, through internal communications, that payroll would be missed. They were encouraged to "work with different banks at a personal level to prepare." Alternately, they could resign and seek employment elsewhere. Those who stayed on with the company received bonuses, which Yerli called "inconvenience payments," once their paychecks resumed.