The Wall Street Journal: Patreon lays off 17% of workforce, closes two European offices

United States

Patreon Inc., an online platform that connects musicians and other creators with fans, said it has laid off about 17% of its workforce and closed two offices in Europe amid an economic slowdown.

The company cut 80 positions from operations, finance and other departments, said Jack Conte, the company’s chief executive, in a blog post Tuesday. Patreon also closed its Dublin and Berlin offices.