Patreon announces 20% staff layoffs

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

Patreon CEO Jack Conte. SXSW/Getty Images Patreon, a subscription platform, is laying off about 20% of its staff, according to the company. CEO Jack Conte said it needs to cut costs and flatten its org to remain "dependable" for creators. Read the memo Patreon sent to its staff about the layoffs and restructuring. Patreon, a platform for creators that paywalls their content, is laying off staff. In a publicly shared note addressed to Patreon's content creators, CEO Jack Conte announced that...