Business · 1h ago
Patreon cuts 20% of staff to adjust cost structure
Patreon laid off 20% of its workforce, CEO Jack Conte announced in a memo. The company says its core business is strong but needs to respond to market changes. The layoffs aim to stabilize Patreon's cost structure amid shifting conditions.
Meridian48 take
The layoffs suggest Patreon's growth may be slowing, despite Conte's assurance of a strong core business.
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