"Discord's Rapid Growth Leads to Layoffs of 170 Workers"

1 min read
Source: TechCrunch
"Discord's Rapid Growth Leads to Layoffs of 170 Workers"
Photo: TechCrunch
TL;DR Summary

Discord, a popular online community platform, is laying off 17% of its staff, or about 170 people, citing over-hiring and the need to improve efficiency. The company's CEO, Jason Citron, attributed the decision to the rapid growth and expansion of the workforce, which led to decreased operational efficiency. Discord, which experienced significant growth during the pandemic, is still not profitable. This move comes amidst a wave of tech industry layoffs, including those at Unity, Twitch, Amazon, and Audible.

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