Patreon lays off off 20% of its workforce - TechCrunch

Patreon laid off 93 employees, representing 20% of its workforce, the company announced. The restructuring is the largest since 2022. CEO Jack Conte stated the cuts are not due to AI replacing human roles, but rather in response to market changes. The layoffs affect various departments across the company.

The 93 employees represent a significant portion of Patreon's headcount, which had grown in previous years. Conte emphasized that the decision was difficult but necessary to align the company's resources with current market conditions. He did not provide specific details on which teams were most affected or whether any roles would be consolidated.

Patreon, a platform that allows creators to receive recurring funding from patrons, has undergone previous rounds of layoffs in 2022. The company has faced increased competition from other platforms and shifts in the creator economy.