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

By Corbin Bolies

Corbin Bolies

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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 “core business” remained “strong and consistent,” but the platform had to respond to “profound” market changes this year affecting how Patreon navigates the creator economy.

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