Patreon is laying off 20 percent of workers

Patreon is laying off 20 percent of its workers, or around 93 employees, as reported earlier by 404 Media.

In a memo to employees, Patreon CEO Jack Conte writes that the company isn't making these changes "because we believe AI replaces humans," but says AI has "fundamentally transformed the tech industry, including how we work, how we build products, how we communicate, and more.