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Patreon cuts 20% of workforce in major restructuring move

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Patreon, the creator membership platform, has announced it is laying off 20% of its staff. The news was shared directly by CEO Jack Conte via a post on Patreon's own platform. The reduction represents a significant downsizing for the company, which has long served as a key revenue tool for independent creators. No specific number of affected employees was immediately disclosed in the announcement. The move signals broader challenges facing creator economy platforms amid shifting market conditions.

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