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Discord lays off 170 people, blames growing too quickly | TechCrunch (techcrunch.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Discord lays off 170 people, blames growing too quickly | TechCrunch::Discord has become a mainstay for many online communities in recent years, but its relative success hasn't shielded the platform from the financial woes Discord is laying off 17% of staff, or 170 people.

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[–] Donut@leminal.space 20 points 10 months ago

You can read the internal memo here. They increased their workforce by 400% in 3 years so it was bound to happen.

The severance package is 5 months of pay plus a week for every year they worked there, and a slew of other things to help the transition to a new job.