5 hours ago
- Patreon laid off 93 employees, 20% of its workforce, on Thursday morning, announced via email from CEO Jack Conte.
- Conte stated the business is 'healthy and strong' and the core business remains unchanged, but the company is undergoing a workforce reduction and organizational restructuring to flatten hierarchy and refocus on top priorities.
- Conte emphasized that AI is not replacing human creativity, but is transforming the tech industry and influencing how Patreon operates and organizes.
- Patreon recently partnered with Cloudflare to block AI crawlers from using creators' work to train models, as announced earlier this month.
- Laid-off employees will receive severance including 16 weeks pay, vesting through August 20, extra pay per year worked, healthcare through year-end, and a $1,500 laptop stipend.