Tech firm Patreon to shut Dublin office with 80 job losses

Tech company Patreon has announced plans to shut its Dublin office and cut 17 percent of its workers.

The membership platform, commonly used by podcasters, allows entertainers and creators to sell their content behind a paywall to online subscribers.

The company’s chief executive officer Jack Conte notified colleagues on Tuesday of plans to shut the Dublin office, which opened three years ago. With the shutdown, 80 jobs and 17% of the workforce would be lost.

Nine of Patreon’s engineers in Dublin, however, have been given relocation packages so they may go to and work in the US.

In the note company said it is “offering our nine Dublin engineering teammates relocation packages to join US-based teams”.

Mr Conte said in the note to staff: “Today we will lay off 80 Patreon teammates from our Go-to-Market, Operations, Finance, and People teams, with roughly 17% of our team leaving the company.”

It continued: “Over the last nine months, we’ve seen the tech industry – and the whole economy – change considerably. 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.”

“Today we are taking that step, and I am deeply sorry to the kind, talented, creator-first people who will be leaving Patreon.”

The company will be offering severance packages of three months pay, plus three months of health care coverage.

“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. 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.

Patreon will also close its Berlin office in addition to its Dublin location.

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