this post was submitted on 24 Jul 2026
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122
Patreon Lays Off 20% of Its Workforce (www.patreon.com)
submitted 1 day ago by beep@piefed.world to c/technology@lemmy.world
28 comments fedilink hide all child comments
 

cross-posted from: https://piefed.world/c/tech/p/1283158/patreon-lays-off-20-of-its-workforce

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[–] Zedstrian@sopuli.xyz 67 points 1 day ago (2 children)

Combined with the fee increase to 10%, this seems like an effort to boost profitability for an IPO.

[–] EvergreenGuru@lemmy.world 40 points 1 day ago (2 children)

Unfortunate that the plan is to go public. Ideally the people who run it would be valued as stewards and curators instead of interchangeable cogs.

I hope to see one of these DIY platforms eventually become a cooperative.

[–] greatwhitebuffalo41@slrpnk.net 2 points 4 hours ago

Not patreon style but etsy style, I have hope for Mayhem Marketplace. There's also a POC run marketplace that's supposed to be co-op but I haven't seen anything on it recently and can't remember the name.

[–] cavitationfetishist2@quokk.au 19 points 1 day ago

Capitalism ain't ever gonna be your friend. Not gonna be a friend to artists who outlive their usefulness, either.

[–] BlameTheAntifa@lemmy.world 16 points 1 day ago (2 children)

I will start asking creators I support to switch to Ko-fi.

[–] artyom@piefed.social 8 points 1 day ago

I wish they'd just switch to Zelle...