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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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[–] Etterra@lemmy.world 62 points 10 months ago (4 children)

So basically... they're doing so well that they have to fire people. Cool story Discord. Out of curiosity how much are your Executives getting paid?

[–] 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.

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