Discord—Discord cuts 17% of workforce amid profitability push
In January 2024, Discord laid off 170 employees (17% of its workforce) as the company sought to reach profitability. CEO Jason Citron acknowledged the company had grown its workforce 5x since 2020 and taken on too many projects. This followed a smaller round of approximately 40 layoffs (4% of workforce) in August 2023. Those laid off received five months of salary plus an additional week per year of service, along with five months of benefits continuation. The company had raised approximately $1 billion in venture capital but remained unprofitable.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.590 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.59)
Evidence (1 signal)
Discord lays off 170 employees, 17% of workforce, offering five months severance
Discord laid off 170 employees (17% of workforce) in January 2024. CEO Jason Citron acknowledged the company grew its workforce 5x since 2020 and took on too many projects. Those laid off received five months of salary plus an additional week per year of service, and five months of benefits continuation.