The most recent job cuts are Discord’s largest until date.In August 2023, the messaging app laid off 4 p.c of its employees. They add to the layoffs which were sweeping throughout the tech trade. Tech majors like Google and Amazon additionally introduced a recent spherical of layoffs this week.
Learn what Discord CEO John Citron stated within the inner memo
“Hello @everybody,
I need to comply with up on what we simply lined at our all-company assembly and share some context.
Right this moment we’re making the unlucky and troublesome resolution to cut back the dimensions of Discord’s workforce by 17%. This implies we’re saying goodbye to 170 of our gifted colleagues. It is a resolution we didn’t take evenly, however it’s one which we’ve conviction in to raised serve our customers, our enterprise and our mission over the long run.
The place we’re and the way we obtained right here
Our firm has modified and grown considerably over the previous few years. We must always all be actually happy with what we’ve been in a position to accomplish collectively to serve the thousands and thousands of people that flip to Discord day by day to spend time with their mates.
On the similar time, we’ve to face some onerous truths. We grew shortly and expanded our workforce even quicker, growing by 5x since 2020. Because of this, we took on extra initiatives and have become much less environment friendly in how we operated.
Right this moment, we’re more and more clear on the necessity to sharpen our focus and enhance the way in which we work collectively to convey extra agility to our group. That is what largely drove the choice to cut back the dimensions of our workforce. Whereas troublesome, I’m assured this may put us in the very best place to proceed constructing a powerful and worthwhile enterprise that delivers wonderful merchandise for our customers and helps our mission for years to return.
What occurs subsequent
I’m certain all of you might be anxious to know what this implies for every of you.
– By 10:30 a.m. PT, everybody will obtain an electronic mail. In your electronic mail, you’ll study whether or not or not your employment has been impacted by this reduction-in-force
– Management will maintain a gathering with departing staff members at 11:00 a.m. PT to debate subsequent steps
– For all remaining staff, we are going to come again collectively this afternoon at 1:00 p.m. PT to speak about what’s subsequent
How we’re taking good care of our colleagues
It’s extremely necessary to me that we assist departing staff members by this troublesome time and supply them with a large runway as they transition into future employment. To that finish, we’re providing them:
– 5 months of wage (plus a further week for each full 12 months at Discord)
– 5 months of profit continuation
– Three months of outplacement companies
– Fairness vesting of awards scheduled to vest on Feb. 1, 2024
– Continued entry to Trendy Well being by the top of 2024, and extra
I’ll finish by sharing deep appreciation and gratitude for these leaving us. Discord is best due to your contributions and the fervour you delivered to delivering for our customers, our firm, and one another. Thanks for every little thing.
It’s extremely troublesome to say goodbye to revered friends, a lot of whom have grow to be mates. I’m hopeful that engaged on and with our product has strengthened that these bonds could be sustained and even strengthened past the “partitions” of anyone place.
Deal with yourselves and let’s look out for one another by this significantly difficult time.
Jason”
