this post was submitted on 12 Jan 2024
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This is the best summary I could come up with:
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 plaguing the tech industry.
Like other companies making sweeping cuts to their workforces this week, Discord is laying off 17% of its staff, or about 170 people.
Today, we are increasingly clear on the need to sharpen our focus and improve the way we work together to bring more agility to our organization.
Discord saw massive growth during pandemic lockdowns, but still isn’t profitable, the Verge reports.
Last August, Discord laid off 4% of its staff — nearly 40 employees — as part of a company-wide restructuring.
It’s been a particularly brutal week in tech layoffs; in the last few days, video game engine Unity cut 1,800 jobs, Amazon-owned Twitch laid off roughly 500 employees and Amazon let go of “several hundreds” of Prime Video and MGM Studios staff.
The original article contains 263 words, the summary contains 153 words. Saved 42%. I'm a bot and I'm open source!