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Jack Conte, Patreon CEO, announced mass layoffs and the closure of two European offices on Tuesday as the company experiences an unforeseen economic shift post pandemic.
The closure of the Dublin and Berlin offices will result in 80 job losses.
Patreon announces closure of Dublin office just three years after opening
Patreon wants to reduce its size to live within its means. Patreon is laying off yet another batch of its employees. The popular creator subscription company has recently announced it is laying off 17% of its workforce while closing its offices in two European countries due to unsustainable growth following the easing of COVID-19 restrictions.
A week after the security team was laid off, Patreon let go of 80 more employees this week.