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.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Energy CEO Is Fighting Climate Science

By Benoît Morenne | Photographs by Theo Stroomer for The Wall Street…

From a Picasso nude to unfinished Beethoven, AI uncovers lost art — and new challenges

LONDON — For more than a century, she lay hidden beneath one of…

Disney Argues New Florida Law Nullifies DeSantis-Backed Suit

Florida legislation that was designed to hamstring Disney could end up helping…

Jobless Claims Fall as Labor Market Stays Tight

Economy Economic Data Worker filings for unemployment benefits have hovered close to…