Patreon

The company, which helps podcasters sell their product to subscribers, indicated it will move its Dublin operations to the US and nine Ireland-based ...

The company indicated it will move its Dublin operations to the US “as nearly all of our engineering teammates are located in our US offices”. The company said it will also shut down its office in Berlin. The US multinational is offering nine Dublin engineering employees relocation packages to join the company Stateside.

In a note to workers, Patreon CEO Jack Conte (pictured) said the move was a "last resort" and blamed it on the Covid pandemic. "I'm more confident than ever ...

"I am so sorry for the difficulty this causes you, and I am grateful for your kindness, creator-first attitudes, and impact you have had on our mission." He added: "To the incredible teammates who will no longer work at Patreon: thank you for everything you have given to our mission, to our creators, and to Patreon. "In response, we built an operating plan to support this outsized growth, but as the world began recovering from the pandemic and enduring a broader economic slowdown, that plan is no longer the right path forward for Patreon.

The cuts will affect 80 employees in operations, finance and other departments, Jack Conte, the chief executive officer, wrote in a statement on Tuesday. The ...

[Peloton Interactive](https://fortune.com/company/peloton-interactive) Inc., meditation app developer Calm and e-commerce company [Shopify](https://fortune.com/company/shopify) cut jobs recently, while tech giants [Apple](https://fortune.com/company/apple) Inc. and [Alphabet](https://fortune.com/company/alphabet) Inc. Conte said in the statement on Tuesday that those cuts “stemmed from a different set of reasons from the ones guiding today’s decisions.” “If you don’t receive such a calendar invitation within 10 minutes of my posting this message, your role is not impacted by today’s change,” Conte wrote. The San Francisco-based company, which is privately held, must cope with a tightened venture capital market that has forced scores of startups to lay off staff. [Priya Anand](https://fortune.com/author/priya-anand/)and [Bloomberg](https://fortune.com/author/bloomberg/)

Amid tough global market conditions, US-based Patreon has announced that it is laying off 80 people, or about 17 per cent of the staff. CEO Jack Conte said.

Today we are taking that step�" he added. Many of you have asked me about layoffs at All Hands meetings as we have set out to tighten our focus, and I have said that layoffs would be a last resort. Operations, Finance, and People teams, with roughly 17 per cent of our team leaving the company. Advertisement

Tech firm is closing offices in Ireland and Berlin as part of a cost-cutting round that will lay off 17% of its workforce.

The online platform for creators is also closing its base in Berlin with the loss of 80 jobs between both locations. In a note sent to staff, CEO Jack Conte ...

Jack Conte says: "We are closing our Dublin and Berlin offices, and continuing operations in Porto. "We are offering our nine Dublin engineering teammates relocation packages to join these US-based teams." In the case of Dublin, we are consolidating our engineering teams in the US to improve collaboration and efficiency, as nearly all of our engineering teammates are located in our US offices.

Patreon has offered nine of its Dublin-based engineers relocation packages to move and work in the US.

Because of differing laws by region, packages in different countries will vary in terms of how we pay for and cover these expenses," said the note. Many of you have asked me about layoffs at All Hands meetings as we’ve set out to tighten our focus, and I’ve said that layoffs would be a last resort.” "For our teammates in Europe, the intention of the packages is to provide you with three months of pay and an additional two weeks per half-year of service beyond the first year, plus three months of health care coverage.