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Patreon is now getting rid of 17 percent of their staff



In response to the global economic slowdown and concerns of a recession, Patreon, a platform that aids creators in increasing their income from their work, has laid off 80 people, or roughly 17 percent of its overall workforce. The business is closing its Berlin location, which employed people in sales and marketing. These operations are being centralized by Patreon in the US. To consolidate resources, Patreon is also closing its Dublin office, and it will give nine of its engineers there the option to move to the US. To assist producers and users throughout Europe, a Porto, Portugal office will continue to be operational.

According to a message from CEO Jack Conte to staff members, four teams — Go-to-Market, Operations, Finance, and People — have been affected by the layoffs. Employees who are affected will get at least three months of severance pay from Patreon, and those who live in the US will be covered by COBRA health insurance through the end of the year. Additionally, the company will waive a one-year equity vesting cliff for pending stock options and provide services to aid in a job search.

Five members of Patreon’s security team were let go last week for various reasons. This, according to Conte, “was part of a longer-term strategy to continue splitting up security duties around our entire engineering team, add new fields of knowledge inside Patreon, and continue collaborating with outside experts.” He did point out that the business is increasing its security spending. The layoffs, according to Conte, are a result of a reorganization that would see Patreon devote more funds to its product, engineering, and design divisions. The corporation is, however, reducing hiring and the scope of its operations.

Patreon is now getting rid of 17 percent of their staff

Patreon is now getting rid of 17 percent of their staff


In response to the global economic slowdown and concerns of a recession, Patreon, a platform that aids creators in increasing their income from their work, has laid off 80 people, or roughly 17 percent of its overall workforce. The business is closing its Berlin location, which employed people in sales and marketing. These operations are being centralized by Patreon in the US. To consolidate resources, Patreon is also closing its Dublin office, and it will give nine of its engineers there the option to move to the US. To assist producers and users throughout Europe, a Porto, Portugal office will continue to be operational.

According to a message from CEO Jack Conte to staff members, four teams — Go-to-Market, Operations, Finance, and People — have been affected by the layoffs. Employees who are affected will get at least three months of severance pay from Patreon, and those who live in the US will be covered by COBRA health insurance through the end of the year. Additionally, the company will waive a one-year equity vesting cliff for pending stock options and provide services to aid in a job search.

Five members of Patreon’s security team were let go last week for various reasons. This, according to Conte, “was part of a longer-term strategy to continue splitting up security duties around our entire engineering team, add new fields of knowledge inside Patreon, and continue collaborating with outside experts.” He did point out that the business is increasing its security spending. The layoffs, according to Conte, are a result of a reorganization that would see Patreon devote more funds to its product, engineering, and design divisions. The corporation is, however, reducing hiring and the scope of its operations.