Patreon CEO Announces 20% Staff Reduction to Ensure Long-Term Stability
Patreon laying off 20% of staff
I am making the difficult decision to reduce our team by 20%, impacting 93 teammates, to adjust our cost structure for long-term resilience. While our core business remains strong with steady creator earnings, the changing market requires us to flatten our organization and focus on agility. This move is not about replacing humans with AI, but ensuring Patreon remains a dependable rock for creators as we tackle massive challenges in the attention economy.
AI is not a replacement for human creativity; they are not substitutes for the creativity, judgment, detail orientation, or craftsmanship that our teammates have in spades, nor do they replace the desire for human connection that all of us cherish so deeply.
- codegeek
The only possible positive thing out of this cringy article is that the severance is decent (for a US company). 4 months of pay and healthcare coverage through Year end. Everything else could have just been a couple of sentences.
Companies need to stop doing this melodrama every time they decide to fire people. Everyone knows the goal is to make money and keep a company profitable for their shareholders. Why these melodramatic posts ? People would prefer honesty. Just say "We need to increase our profits or reduce costs or both and hence we have to lay people off. Here is what we are providing as a severance". That's it.
- natbennett
Patreon just does this every few years. At least Jack Conte didn’t post a video of himself crying about it this time.
- powerpcmac
The rich get richer and the poor get more AI edited and toned condolence posting.
- trentor
No matter what, people who write articles about layoffs like this go straight onto my 'people to stay far away from' list. He is on it since the crying video of the last round of layoffs.
- fourseventy
I watched this dudes youtube channel where he makes music for years before I ever knew he was the CEO of pateron. It was a bit of a wtf moment when I found out.
- officialchicken
Bottom line: How do these layoffs increase the successful outcome of product launches on the platform in any way?
- jcfrei
Upvoting this so more people see how cringey it's written.
- Gareth321
They have 465 employees? That seems like a lot for what Patreon is.