Gaming giant discord slashes 17% of workforce
Jan 11, 2024 7:25 PMDiscord, a leading communication platform tailored for the gaming community, has recently announced substantial job cuts, reducing its workforce by 17%. Discord CEO Jason Citron confirmed the layoff of 170 staff members as part of a strategy to streamline operations and enhance organizational agility. The layoffs are indicative of the broader trend of workforce reductions throughout the tech and gaming sectors, following similar actions from companies such as Twitch and Unity. The affected Discord employees will receive five months of severance pay, extended health benefits, and other support services during this transition. Moreover, the staff cuts come after the company experienced rapid growth quintupling its size since 2020, leading to an expansive scope of projects and decreased efficiency across its operations.
What support is being offered to the employees affected by the Discord layoffs?Discord is providing the laid-off employees with a "sizable runway" which includes five months of their current salary, continued benefits for the same period, access to mental health services through Modern Health for the rest of the year, and additional compensation dependent on their tenure in the company.
Background Information: Discord has been a key player in the gaming industry as a platform for gamers to communicate and collaborate. Since its launch in 2015, it has expanded beyond gaming to become a general-use communication platform. Discord's growth spiked during the pandemic as users sought digital means to stay connected. Despite this recent event, Discord remains a staple tool for gaming communities, and its impact on how players interact will likely continue strong into the future.
Alex Riverton
Alex Riverton is a seasoned journalist with over a decade of experience in the gaming industry. Known for their in-depth analysis and hands-on previews, Alex has built a reputation for insightful commentary on gameplay mechanics and storytelling in videogames.
Follow us
Fans
Fans
Fans
Miss Peachy commented on: 2024-01-11 21:45:06
Bittersweet to see the industry reshuffle even as it evolves; Discord's layoffs sting but their generous severance hints at a company still deeply connected to its community. Tough times for sure, but with Discord's roots in gaming, there's optimism that this move might just level up their game in the long run. 🎮💼
Rolling R!ck commented on: 2024-01-11 21:30:04
Man, tough seas in tech these days, huh Discord's trim-down sure seems like smart, if unfortunate, navigating, but they're softening the blow with solid support for the crew that's walking the plank.
Mr. Bison commented on: 2024-01-11 21:15:07
Tough times in the gaming realm with Discord following the layoff trend, but at least they're stepping up with solid severance and benefits. It's a rough patch for tech, yet seeing companies handle these situations with a decent cushion for employees softens the blow and shows some level of care.
