> A $1,500 stipend to replace your company laptop. It seems like a wild choice to give a specific figure as additional cash rather than just letting them keep their (wiped) laptop. That additional cash will be taxed (as should a laptop that is left with the ex-employee, but the used laptop can be valued and taxed as a used laptop rather than a $1500 cash payment [and frankly would often be, um, overlooked...). It see…
Patreon laying off 20% of staff
51–60 of 293 posts
Re: Patreon laying off 20% of staff
#52There are so many contradictions in this statement that either the person who wrote it is completely muddle-headed, or just a bad liar. > Nothing about our core business has changed – it remains strong and consistent a few paragraphs later > But our transformation is going to take time and the next paragraph > At the same time, the market in which we operate has undergone profound change over the last 6 months. We ne…
If we throw all the arguments at the wall, one must stick right?
Re: Patreon laying off 20% of staff
#53Honestly the most interesting thing to me here is that to took nearly 500 people to run Patreon.
They really should be running sustainable service for like tenth of that many employees... If even that. Most of the people don't care about them just the creators on their platform and less cut they take better for patrons or patronees.
Re: Patreon laying off 20% of staff
#54Honestly the most interesting thing to me here is that to took nearly 500 people to run Patreon.
Twitter used to have 7500 employees and now it is working perfectly ok with 1500~
What am I missing from business perspective?
Re: Patreon laying off 20% of staff
#55Bottom line: How do these layoffs increase the successful outcome of product launches on the platform in any way?
Re: Patreon laying off 20% of staff
#56I can never take such statements seriously.
It is pretty serious for all those people who has been laid off.
Going on and on about how good these people are and then how well the business is going, as they are firing them.
"special, beautiful humans" "wonderful humans" "kind, ambitious, hard working, and mission-driven humans"
Re: Patreon laying off 20% of staff
#57Patreon just does this every few years. At least Jack Conte didn’t post a video of himself crying about it this time.
Re: Patreon laying off 20% of staff
#58[flagged]
Re: Patreon laying off 20% of staff
#59>Creators, members, revenue, and processing volume continue to show strong, consistent growth every month.
lol strong consistent growth -> 20% layoff
Re: Patreon laying off 20% of staff
#60The only possible positive thing out of this cringy article is that the severance is decent (for a US company). 4 months of pay and healthcare coverage through Year end. Everything else could have just been a couple of sentences. Companies need to stop doing this melodrama every time they decide to fire people. Everyone knows the goal is to make money and keep a company profitable for their shareholders. Why these me…