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Patreon Lays Off 20% of Employees as Part of ‘Painful’ Restructuring

Patreon Lays Off 20% of Employees as Part of ‘Painful’ Restructuring

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Patreon, the creator-focused monetization platform, said on Thursday it was laying off 20% of its employees as it changed how its internal structure operates. The cuts will affect 93 Patreon employees, who will be given at least 16 weeks of severance payments. In a note to staff posted online, CEO Jack Conte said the c

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Patreon, the creator-focused monetization platform, said on Thursday it was laying off 20% of its employees as it changed how its internal structure operates. The cuts will affect 93 Patreon employees, who will be given at least 16 weeks of severance payments.

In a note to staff posted online, CEO Jack Conte said the company’s […]

This summary comes from Variety. Read the full article at the original source.

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