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The Nexus
BUSINESSJul 23 · 20:36 UTCBUSINESS INSIDERSydney Bradley ([email protected])

Patreon is laying off 20% of its staff. Read the memo its CEO sent to employees.

Patreon is laying off 20% of its staff, citing cost-cutting and adapting to market changes, including AI. CEO Jack Conte emphasized the need to remain a stable platform for creators while restructuring the organization. The company faces competition from platforms like Substack and YouTube's membership tiers.

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PatreonorganizationJack ContepersonAItopicSubstackorganizationBeehiivorganizationYouTubeorganizationLTKorganization
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