Patreon is laying off 20 percent of workers

Core point

Patreon is laying off approximately 20 percent of its workforce, which amounts to around 93 employees. CEO Jack Conte stated that the layoffs are not due to a belief that AI replaces humans, but rather because AI has transformed the tech industry. Conte emphasized the need for Patreon to embrace AI tools to remain competitive and serve creators effectively. This follows a previous layoff of 17 percent of workers in 2022.