Patreon will cut 20% of its workforce, or 93 employees, company co-founder and CEO Jack Conte said.
Conte said the platform’s core business remains strong, but Patreon needs to adjust its costs and organizational structure as the technology market changes rapidly.
Patreon plans to flatten its organization and refocus teams around its top priorities. The platform does not plan to change its roadmap or main areas of development.
Departing employees will receive at least 16 weeks of severance pay, plus one additional week for every year worked. Healthcare coverage will continue through the end of the year, and the package includes $1,500 to replace a company laptop.
Conte separately stressed that the cuts are not intended to replace people with artificial intelligence. He said AI is changing how teams work and build products, but does not replace human creativity, judgment or craftsmanship.
