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Patreon Lays Off 17% of Workforce, Closes European Offices

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posted to Patreon’s blog, CEO and co-founder Jack Conte said that layoffs would come from the company’s Go-to-Market, Operations, Finance, and People teams.

To accommodate “rapid acceleration” during the pandemic, the company expanded. After “the world began recovering from the pandemic and enduring a broader economic slowdown, that plan is no longer the right path forward for Patreon,” Conte said. “I take full responsibility for choosing that original path forward, and for the changes today, which will be very difficult for our team.”Other divisions that will be reduced or consolidated include operations, recruiting, and other internal support functions.

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