Patreon CEO STRUGGLES to justify FIRING 36 workers while getting $155 MILLION INVESTMENT

[@JoshuaFluke1]

Are his emotions real or fake? I'm personally leaning towards fake. kzbin.info/www/bejne/g4eQZHqdipulotE

[@sholmes_ttyy]

fake as corporate

[@eisenhowercvn69v47]

Fake as Shit. What a Joke.

[@z1tterbewegung]

Duuno if this was intentional but your video analytics are visible.

[@jzoeller77]

The whole video comes off as him being more worried about the company image than the employees he fired.

[@ronankelly4471]

He just wants the public to *understand*, how *hard* this decision was ... for *him*.

[@0x007A]

The CEO is about to outsource the product engineering team to a low-cost labour market / country.

[@FearlessUntamed]

Yes, going right to india

[@christophercox6612]

100% what’s going on

[@mtaylor150]

Exactly... Patreon also has a lengthy court battle about some folk kicked off their platform in ways which contradict their TOS. This is costing them. Replacing almost 10% of your staff is a cost-cutting move...determine your "bottom 10%"...(not necessarily your least productive 10%!)... and replacing them with low cost employees is what is happening here.

[@steviecrow914]

Truth!

[@CorporateShill66]

Like Canada? Haha, I noticed there is a lot of outsourced jobs from US companies these days.

[@blueice3124]

That's some straight up BS, they didn't have the skill set in their team but their team was capable of building everything up until now? To me it sounds like they just want to bring on new people and pay them less

[@destroyonload3444]

I think Josh picks up on the real reason around 10:00. To me it seems like the company is planning to go public and/or merge with another company that already employs the skills of the people let go.

[@user-ug9nn]

@@destroyonload3444 then I do not se the reason to do it before the merge, reorganization is done after the merge not before..

[@nobytes2]

With remote wfh, they gonna hire people from India and pay pennies on the dollar while. making more profits. Kind of like Apple does by manufacturing in China.

[@cetriyasArtnComicsChannel]

@@user-ug9nn maybe to show higher profitablity in the short run?

[@Nerobyrne]

@@destroyonload3444 yeah that doesn't really make sense. If you just fire someone, they have way more grounds to sue you. But if you just merged, then letting redundant positions go is a perfectly valid reason to fire someone. On the other hand, ​ @cetriya's Art n Comics Channel makes a good point. It might be that this makes them look better on paper in the next quarter. But, honestly, if you get fooled by such an open manipulation tactic, I feel bad for you son.

[@johnh6788]

This is a case where the more you talk, the more you guilty you are.

[@khiemgluong]

Anything you say can be used against you.

[@tyrannicalbigtech5842]

Where there are many words, sin is not absent

[@driftFree13]

Wordsmiths, not leaders. All talk.

[@Seekingtruth-mx3ur]

I think there's an old proverb that says: "In the many words of a man there is sin."

[@serbianhammer]

Reminds me of when Activision let go of 800 employees despite making record profits. It used to be CEO's made 30 times what their employees made. Now they make 300 times more, and in some cases up to 3000 times more. We're being used.

[@Romannumerals_]

Almost like all those post-apocalyptic sci-fi writers predicted what is our actual reality.

[@hunggamerofficial3252]

Hold up. Did it have anything to do with Blizzard's case back in 2019, man?

[@Midnight_Rain_Wolfgang-Telos]

@@Romannumerals_ best comment.

[@Seekingtruth-mx3ur]

Goes to show you gotta make your own way

[@santiagos4290]

You know you have a contract..

[@singularityawaits9298]

This is the reason why this channel exists

[@hunggamerofficial3252]

And this channel is gonna last longer, i'm sure of it.

[@driftFree13]

Buzzwords and more buzzwords. The leaders of today aren't intellectuals, they're just wordsmiths.

[@engineering-madness-dev]

Got to agree with Joshua on this one. Engineers can learn and adapt easily. You can fill in the holes with more hires but firing entire teams and then rehiring is just dumb. I have seen this happen myself at small companies. In bigger companies usually people get option to transition to some other project

[@asadb1990]

its the model of finding cheaper people to train.

[@prysrek8858]

If he didn't had fired these people, it would especially suck for the people, that are new to the job market. Other than that, I actually have to disagree with Joshua on this wrong. I mean that action is just logical for the CEO: These engineers basically have nothing to do, Training costs money, He gets to employ instantly cheaper and higher skilled labor. And (I believe) he never referred to them as "family" or any other manipulative buzz-word, to get to suck them dry.

[@asadb1990]

@@prysrek8858 people like you are the ones who believe whole heartedly the company mantras and buzzwords. you are the type of person who would make sure your colleagues never use company resources for work. if an employee ordered too much equipment from the stationary store, you would report them. or if you see an employee leave 15min early, you will be reporting them.

[@kamil4151]

I was in a transition project from some PHP the company started off with, to some fancy cloud based JS thing, and the all three original developers refused to learn and left on a bad note as their life's work was being scrapped because of a management decision. Im not saying this is the case as 10% of their 370 employees fired sounds more like meeting expenses goals.

[@kamil4151]

@@asadb1990 Chill. This whole channel mantra of "work just to get payed and not a percent more" goes both ways. Exactly, this is not a family, and if you cant pay for your own job you're gonna be let go. If you do not like that, well then start your own company and you'll see.

[@edwardwongks]

My theory is he got influenced by the new CPO and she just wants to bring her own people into the team and kick out the existing team. If he really "cares" about the staff, he can easily re-train them.

[@jean-david-ouellette]

This one might be accurate

[@Dunc]

There is a BIG difference between earning $155M from revenue and "raising" meaning you got a loan or investor to give you money but now have a liability i.e. debt on your balance sheet as a result. That's a slimy way of tricking non-financial people into believe you really are in good shape financially when that might not be true.

[@isray89]

True, but why not use $5M to retrain these people who are already integrated into the company, rather than hiring "new talent"?

[@vinceramces]

@@isray89 it's cheaper to hire new devs.

[@nte2336]

@@isray89 there might other things to spend on for better ROI. It's a business after all not a charity

[@isray89]

@@nte2336 Yes, but there is a difference between short and long term profits. It may be greater ROI in the short term, but long-term the company may lose some critical knowledge or experience that isn't reflected in the accounting. My partner's company was bought out by OpenText and they let hundreds of people go over the year since their purchase. That includes roles like VPs, but who also built the entire product line. OT let them go because they were "no longer relevant". Then the product has a problem and no one knows how to fix it because they fired the people who had the knowledge in the first place.

[@nte2336]

@@isray89 that's basically bad management really. It's different case by case. Can be positive or negative depends on the management

[@MoriInAeternum]

Why is Jack whispering, is he making CEO ASMR?

[@boltyk1]

so the mommy can't hear

[@SJ_Vibezz]

🤣

[@SlushFundManager]

This dude sounds like tofu sliding on a wet floor..

[@gingy30]

Best insult I've heard in awhile 👌

[@kevin-carr]

I agree ☝️ this is a really creative insult

[@invincible769]

🤣

[@SilencerOne]

Somehow I can hear tofu sliding on a wet floor now i said and I will forever associated with Jackie here :D

[@user-ph4mg1mh9c]

👏🏼👏🏼I’m stealing that

[@djcardwellai]

Hey Josh, thinking about supporting your channel through your Patreon for bashing Patreon.

[@Nerobyrne]

That's like protesting McDonald's by buying happy meals ^.^

[@djcardwellai]

@@Nerobyrne I do that each day too

[@Nerobyrne]

@@djcardwellai I'm starting to think you're not a very good activist 😂

[@selfReferencinDox]

*If Joshua really wanted to stick it to Patreon, then he'd get on SubscribeStar instead.*

[@Fanaz10]

@@selfReferencinDox this, there's loads of alternatives

[@1str1ker]

This guy is slimy, but at least he is saying "I'm making this decision" instead of blaming it on other circumstances

[@rejectionistmanifesto8836]

That fake whing nasally soy style speaking to sound to sincere and caring for people he fired after getting 155 million dollars.

[@1str1ker]

Yes, his tone is dripping in soy with the passive way everyone in tech talks.

[@rejectionistmanifesto8836]

@@1str1ker the fake little phony, living large but just acts so soy to make people leave him alone to do whatever he likes.

[@lostandfound6501]

you've got a point there.

[@hannamariewilson]

His voice is SO annoying. He sounded like he's trying to be sad and sympathetic, but it's awful.

[@n8style]

"I'm super earnest and you should believe me" ~ Jack Conte, probably

[@AugustusBohn0]

"hey crayders! :D"

[@edwardcm9175]

he's trying to put so much "feeling" into the apology video or whatever this is. People respect honesty but too much honesty can also cause trouble.. "Hey we are letting go of 36 tech employees cause we have to cut costs and outsource to India" people would be hurt by that hahaha but Honesty is always the best policy no matter how much it hurts.

[@illbill5904]

Sounded like he was going to end the video by saying "to stay up to date on all things patron smash that subscribe button and ring the bell icon to get our content injected straight into our KZbin feed."

[@stargazerlily8451]

It’s the soy

[@raymond.duncan]

His tone makes my skin crawl. Does he always talk like a spider coaxing a fly into its web? *shiver*

[@lxy1312]

a s m r jack conte

[@jzoeller77]

It sounds like the company is struggling and he is trying to reassure everyone otherwise.

[@PhilLesh69]

When more than two people lose their jobs in a short period, the rest of the human resources experience increased anxiety over their own job security. These ceos always try to convince themselves and their boards/shareholders/investors otherwise.

[@PhilLesh69]

And the problem with doing these layoffs to "adjust human resource expenses" is that once you make the remaining employees aware of their own job insecurity, the first ones to leave on their own accord are the best ones who can pick up a new and higher paying job in an afternoon of phone calls or zoom calls. Over the next month or two their top people will have found better jobs.

[@CrappyProducts]

@@PhilLesh69 True story

[@xxxlilxjayxxx]

what likely happened was the fundraise had strings attached requiring huge opex cuts

[@ahmer9800]

im 7 minutes into this video... and so far it sounds like a fancy way of telling people he's outsourcing the development

[@castlemappe22]

Patreon banned a bunch of creators off their platform. In response, the patrons of some of those creators got together started filing arbitration requests against Patreon not caring if they won or lost. Patreon has to pay arbitration costs regardless of whether they win or not. Patreon got brigaded in real life. This is hilarious 😂😂

[@spanky4446]

I may or may not be one of those folks who are in arbitration with them.... and yes, it has been hilarious.

[@Nebula37]

I wonder why they were banned. What was the reason?

[@arphaksad01]

@@Nebula37 politics. left vs right

[@gorkyd7912]

@@Nebula37 Insufficient soy content.

[@xristinarose2409]

The words of the CEO don't match with his actions/results.

[@BenjaminMutuku]

He makes zero sense! The most BS update I’ve ever heard.

[@justhomas83]

BS city

[@bthegawd8113]

“I’m letting go our teams and outsourcing it to low wage/skill markets so I can make more money” bullshit translated

[@gorkyd7912]

Thank you, good translation. Expensive employees built the platform. Cheap employees will maintain the platform.

[@spiritqueen11]

It seems like they got rid of their in-house team to outsource for cheaper labor.

[@alansacks9815]

He is making himself the victim for being forced to fire people he didn't want to fire.

[@JoshuaFluke1]

His 155 Million Dollars is clearly very heavily weighing on his emotions

[@neptunemike]

poor guy, it’s on him, lol what a douche.

[@oscarrosado6440]

Please don’t be so harsh on this poor soul. He will cry everytime he remembers his tough decision while he drives his lexus.

[@jeffshackleford3152]

@@oscarrosado6440 Lexus is not that expensive nor is it particularly flashy

[@Romannumerals_]

@@jeffshackleford3152 still nicer than most of america can *actually* afford.

[@GhislainLeblanc]

Being laid-off as a software engineer at a big tech firm with 3 months pay sounds like a nice, stress-free vacation or big money bonus. These guys will have another job offer in less than a week... They must be laughing so hard looking at this video...

[@JoshuaFluke1]

I wish they would have received some sort of warning.

[@crj198]

@@JoshuaFluke1 yah because you know this thing was being talked about behind closed doors long before the video came out.

[@TheAlchemist1089]

@@JoshuaFluke1 there'd probably be a notice period of 2 weeks min

[@JoshuaFluke1]

@@TheAlchemist1089 I doubt it, this is America. They don't give warnings.

[@TheAlchemist1089]

@@JoshuaFluke1 Well as an employee I did have to give a two week notice. Just quit my first job in the US last week. I was hoping it'd be the same when companies fire employees. If they don't then that's bad :/

[@yolovsky_]

Same thing happened to the company I currently work for (a "unicorn" in south east asia). They laid off more than 100 employees (almost half of them are engineers) but they said they were fine financially and already secured another investment. A few months later they hire more employees. It seems like they just want to purge employees from "less" profit division and hire new cheaper employees. So much red flags and I know I have to leave immedietely but unfortunately I haven't found a new job.

[@hashbrown3008]

Circles Life or Grab? From Singapore here. 😎

[@hunggamerofficial3252]

@@hashbrown3008 You're from Singapore? i need to ask you a couple questions, man. For example, why do Singapore companies keep investing in Vietnam?

[@paulosullivan3472]

Its pretty obvious that Patreon is actually in financial difficulties and they are trying to stop their investors from getting nervous.

[@Jiko_bo]

Jack's already done some pretty shady stuff with patreon. If I remember this right, he removed a bunch of creators from the platform he didn't agree with politicly, claiming they were breaking the TOS(they weren't). On top of that, most of people that had already donated to those creators were never reimbursed. Pretty sure there's still multiple on-going lawsuits over it. There's a bunch lawyer video's going into it in much more depth if anyone's interested

[@alanthomasgramont]

I was a contractor at a place foe two years building an advanced desktop app. Prior to that I had been building mostly web apps. A new President came in and wanted to move the app to the web. This is a very complex app. He called me in to let me go, along with at least a dozen others so he could hire web experts. I told him I was a web expert and also knew their business, but I wasn’t a web expert “recently” so I had to go. Fast forward two months later and that same President called me himself to see if I would be able to come back an rescue their failing product. It seems after two months, the new batch of consultants were not understanding what the company did and the way web worked meant they couldn’t use most of the code from the desktop (I guess that was news to the President). I had to explain to him that I had a new gig now and wasn’t able to come back. Fast forward a year later and most of the full time people left and the company failed almost completely at serving their old customers and at building a new platform. The dozen or so people he let go were the people who knew how everything worked. Learning a technology can be challenging, but learning the business and the customers is a lot harder.

[@armyoftwo13]

Good for you!

[@PhilLesh69]

My only advice to anyone who works at that company is that if they haven't already taken you aside and given you some sort of assurance and incentive to stay, then you have zero job security at that company. If they know what they are doing as business operators, then they would know that the best talent will leave after a round of layoffs unless specifically asked to stay. They are the ones who can make a few calls and find a new job and most of them will do that over the next few months. You can enjoy the uptick in farewell luncheons, at least.

[@GGWP-nx3kn]

No company can offer that. The only thing that matters to a business is profit. If they somehow make less, employees will be the first expense to be diminished, thanks to a lower cost of labour elsewhere. I actually have less sympathy for people who treat their CEO’s company like it’s theirs now. Save up and always be on the lookout. It’s not the 1950s anymore.

[@PhilLesh69]

@@GGWP-nx3kn No company can offer that. lol. That's what they told *you.* Did you ever get the hint and look for a new job?

[@KGMyuR3w]

@@GGWP-nx3kn They can give you a retention bonus. It works like this: Boss - here is a nice $50,000 (or whatever you negotiate) above and beyond what we owe you for your salary. This is not salary paid in advance. By taking the $50,000 you agree to give it back if you voluntarily leave the company in the next 6 months (negotiated). If your company gives you a retention bonus then when you are looking for your next job, they have to match your current salary + offer a signing bonus to just keep even or accept that you just are not going to start for the next 6 months. This is how a company can retain people. This is what a company like Patreon needs to do to retain key people. They are not just going to assume that things worked out poorly for those other dudes but everything is A-OK for me.

[@StarContract]

If people had spirit animals, his would be an eel.

[@cw2054]

To me sounds like new guy came in, says why are you paying all this money when you can outsource. I would love to know if they outsource once their new plan is in place

[@PhilippBlum]

I speculate for you: "We hired some cheap ass young people without experience. Maybe even from other countries. And now we actually want to build a high quality app. Instead of bother with these people, we just fired them."

[@hunggamerofficial3252]

And they are just gonna hire a bunch of inexperienced people then to fire them later. Even if they do hire the Senior Devs, the Senior Devs will also end up the same when their use is up. I have seen that a lot.

[@alec1115]

"This layoff is on me." - The person who is still getting a paycheck.

[@burkles4456]

Probably a raise along with it.

[@SamWhitlock]

I've seen top notch Rails teams switch to Go for the backend in a matter of a few months. It's not that hard. Unless he's "pivoting" the company to run Patreon on a military aircraft's flight computer, that excuse is the highest mountain of rhino excrement I've heard in a while :/

[@dagnabbit3513]

Jack said " I had to make this video because...(whatever lie he said)" Translation: " I made this video before Joshua Fluke finds out for damage control purposes."

[@angelaengle12]

Lol! Exactly. 😆 He still got mauled anyway. Love it!

[@Timmo93]

I’m not saying the company got paid to fire those 36 people. But getting roughly $4.3m per person seems like a nice incentive to fire them.

[@PhilLesh69]

My last company was acquired by another company and a person my boss had bad history with was made CEO. I knew the moment the sale was announced that my department was going away. I sat back and watched for eighteen months and coasted to the inevitable layoff for as long as I could. I figured I might as well get some sort of severance out of it.

[@blaisetelfer8499]

Did you apply for new jobs in the meantime?

[@giveitatry951]

How did it end?

[@ThingsILikke]

Same thing happened to my aunt- it’s an act of cowardice. Your company doesn’t want to be the one to fire you- makes like it’s on the company buying your boss’ company, but really your boss knew they would fire the highest-paid employees as soon as they bought the company.

[@PhilLesh69]

@@blaisetelfer8499 Nah. I decided that this was going to be the last time I worked for someone else. I quickly socked away about $65,000 into a rainy day account and waited for my severance package.

[@PhilLesh69]

@@giveitatry951 It ended the way I originally expected it to end. The new CEO eliminated our department, my boss got a 6 month severance and I got a 3 month severance. Not bad considering he had been there for 20 years and I had only been there for 5. I did get to learn a lot about the people I worked with. Several people tried to settle scores on their way out. I enjoyed an 18 month free ride getting paid a comfortable high five-figure salary just to show up. It was a fantastic learning experience with some unexpected surprises, overall.

[@invincible769]

Tbh the exit compensation package is not bad comparatively. All in all, this isn't the worst CEO video you have looked at on this channel. I agree its an overall strange video. He talks like someone is sleeping in the room next to him or something. I wonder how many times he recorded it. 😂

[@invincible769]

@Thomas B oh yea?

[@teodjuyg56]

I agree that exit package was actually really good and genuine of him to do. Josh do gotta admit that.

[@rh7474]

@@teodjuyg56 The issue with the exit package is that if he's giving them 3 months of pay he could just spend those 3 months retraining them. Like Josh and another Dev in the comments said it doesn't make any sense that you would need to fire and rehire 3 dozen people.

[@taoist32]

@Thomas B His wife is currently working on her album.

[@danepane527]

It's like software engineers are able to pivot.. literally that is one of their core strengths

[@magfal]

Met and worked with plenty of devs that aren't able to. About a 50/50 mix.

[@girunit1387]

The longer that CEO talks about his decision the more disingenuous he sounds.

[@nicolcacola]

Reading between the lines, new hire boss wants to pick all his own people instead of working with who was already there so they fired them all.

[@MichaelRojasPereira]

This 👆! It happened in a project a worked on, new CEO and they suddenly want to change vendor, even when our point of contact always gave great feedback about our team.

[@SoulfulVeg]

Thought the same. I've seen this happen at my own company.

[@BlindToad]

It’s apparent that jack made this video for damage control and to make sure customers don’t hop off the platform. This video wasn’t for the people being let go.

[@commonsense_revolution]

Great content Josh in the last few weeks!

[@Survious]

It's not you, it's me...this is a big Dear John letter.

[@Meatwad650]

The new CPO wants to bring his pals in.

[@PabloVivera]

Patreon is struggling. I think he promised reduce workforce to receive that new round.

[@harm991]

yes i think xo too

[@Alexthefirstroony]

As you said, he didn't want to invest in the employees for them to get the needed skills. So contradictory to raise millions but fire good employees.. What the hell

[@justinmuller9057]

Man Josh I love your attitude and your content, especially videos about your private life... such a nice dude. We can really learn a lot from you. Thanks!

[@ColeEvyx]

Depressing when someone supposedly on the moral high ground is just the same as any other CEO.

[@ChefPomme]

A mom/pop restaurant I worked for paid for me to get new certifications and when I pass those tests I get a bonus and a raise. It is possible for you to keep the employees that you love so much.

[@onepushupman]

In Germany an employer needs to let you know 3 months before they are firing you. You said they dont need to let you know? Are those the rules in the us? Thats some rough shit

[@onepushupman]

@Lukasz that is literally insane

[@neetop1557]

"In Germany (...) Thats some rough shit" Talking about rough shit - in Germany an unmarried person pays close to 50% in taxes, basically giving away half of what they earn. So yeah you get 3 additional months of being robbed. Great security that is.

[@onepushupman]

@@neetop1557 that is not true lol

[@neetop1557]

@@onepushupman what is not true lol?

[@onepushupman]

@@neetop1557 you already forgot what you were just stating? 50% tax hahahaha. Dude gtfo lol

[@thefakedeal]

"A lot of you are gonna lose your livelihood, but I'm willing to make that sacrifice."

[@laurpflorin]

I just love that you're genuine and honest whenever you're presenting these kinds of things, always have my respect, Josh

[@JIYkp]

"It's my responsibility but there will be no consequences to me."

[@isray89]

Or, "It's my 'responsibility' BECAUSE there will be no consequences to me."

[@gaoalexander73]

I heard that there were people who recently started that got laid off. Imagine quitting your job and uplifting your life to start at a new company. And then blah blah 3-4 weeks later you get laid off. Like wtf...

[@ThisTall]

They fired ppl whose soul job was to produce whatever vision he’s had. And suddenly the problem is them and not the visionary.

[@n8style]

bingo!

[@jacksonburch5337]

Those employees need a patreon now that they’ve been fired from patreon

[@looseycanon]

"He's all about transparency and..." and I'm like. "Why am I surrounded by smokes and mirrors?"

[@txin999]

Why does this sound like a shallow KZbinr/influencer apology 😂🙄🙄🙄

[@Lilly0170]

Sad these people helped him get to raising 155m and get walking papers as reward.

[@Trandofir]

He's probably struggling to pay for all those arbitration fees being filed against his company.

[@SchkuenteQoostewin]

36 devs, an entire IT department

[@hunggamerofficial3252]

Well, where i worked, they only had 10 people in the IT department, both Frontend and Backend.

[@SchkuenteQoostewin]

@@hunggamerofficial3252 I have been in project as small as 4 as large as 64 members not including the project mangers so it a med size team

[@hunggamerofficial3252]

@@SchkuenteQoostewin I have never been in any team that is larger than 30 people. That's according to my experience.

[@jeremyleonbarlow]

Even if every one of those 36 people was making $200k a year in salary & benefits, that would only cost the company $7.2 million a year. With $155 million in the bank from investors, those 36 people could not contribute enough to a burn rate to impact the company's bottom line.

[@cindyd4695]

And they wonder why people want to work remotely. They don't treat workers like family

[@hunggamerofficial3252]

The only reason for corporates to work in the office, is to CONTROL people.

[@cindyd4695]

@@hunggamerofficial3252 exactly

[@xbmarx]

Let this be a lesson: you can be working for a company that's "doing better than ever" and STILL be laid off. There is NO loyalty.

[@Green_Roc]

"It is with a heavy heart that I assume the throne. Yet, out of the ashes of this tragedy [we make more money than ever before] in a great and glorious future!" ~Scar

[@cyberneticqualanaut7207]

Yeah, I don't understand why retraining isn't a thing for existing employees who already have the donain knowledge. $150K / year ... 36 employees .... $5.4 million

[@cyberneticqualanaut7207]

I wonder how many of those employees have enough detailed knowledge to work with a competitor. I guess Jack is about to find out.

[@blackwhitespace1113]

Another snake oil. Like Gary vee.

[@markdepaor4956]

Don't believe a word he says feeling bad he is just playing the victim, you don't become a CEO without being able to lie and manipulate

[@whitestar618]

he gonna outsource everything to Manila ....

[@TheOtomo]

Hummm... Well, it is clear that they just outsourced their development to India or China. Duh! This is happening all over the place right now, many corporations are not bringing back developers they laid off or if they are working at home, are getting laid off.

[@BittermanAndy]

"As CEO this was my decision, my responsibility, it's on me. This was a difficult call that I had to make, and the result of many of my choices... I need to own it. That's why I kept my job and decided those other guys would get fired."

[@Seekingtruth-mx3ur]

This is why Im subbed to this channel. I'm glad there's someone out there calling out the corporate bullshit.

[@sholmes_ttyy]

Sounds like my girlfriend saying we can no longer live together.

[@RetroFrequency]

So crunching the numbers, that 155 mil alone could pay all of those employees 100k a year for 43 years.

[@Dan1ell]

The main costs of a video platform is bandwidth though. Second is app store fees. Salaries is only third. Just sayin.

[@TheDanMcBending]

Yo what happened to the latest video? :(

[@fedorkarpov7444]

I also wonder why he took it down

[@cjcj7387]

@@fedorkarpov7444 how much are you guys getting paid to shill on this channel? can ya'll send me a link so I can get some of that sweet shill money too?

[@valdirsalgueiro9087]

1) Hire people to make your product 2) Get funded in millions 3) Fire everybody and spend those millions with yourself

[@robert8930]

"there's so much we know we need to do...improvements to the current product..." - so who the hell is more suitable to improve it other than the engineers that literally build it initially?

[@mavenfeliciano1710]

Part of may be that as the company was starting off, they gave good compensation to their employees, but now that the company is successful and well known, the employment demand has increased, so now they can be more selective. And with more people competing to work there, supply and demand kicks in and wages go down. Just one possibility, they found they could rehire a whole department at a less cost. The other thing is, people need to be prepared for this. It’s not other people’s responsibility to guarantee us employment. It’s in most of the employment contracts, in one form or another.

[@JoshuaFluke1]

Thats the message I try to get across on this channel

[@DebraJohnson]

I think he was just trying to get ahead of the story before it broke in the news.

[@dezh6345]

I didn't even think of that. That makes so much sense. I just thought he didn't want the dip in the stock, so he wanted to assure the public (his investors) he had a handle on this situation.

[@Icanttellwhosrealanymore]

This is by far the best channel ... dude is funny because he says the things we be thinking 💭

[@peterk917]

We're doing so great! We hired a dude a few months ago and now we're firing people that made us successful. Huzzah!

[@sunshinerainbows4627]

This is kind of like Target. When store sales are down employees get 5 hour and 10 hour work weeks. Yet when you flip on the Ellen Degeneres show they are giving away $500 gift cards. While an employee cannot feed themselves a random television viewer can purchase $500 worth of merchandise. Truly bites!

[@Kenz3]

Could have cut his salary and stocks if he cared enough to keep them since “it’s his fault “

[@cetriyasArtnComicsChannel]

if you look up Paterons past in general and this CEO, you'll notice a pattern. Creatives are the ones that drive the traffic to the site, yet with out testing and getting feedback, they just make sudden changes and not tell anyone. It always sound like he's 'coxing' someone into accepting something they don't like because artists are 'emotional'

[@provenancemachining]

What happened to the Whelen Engineering videos??

[@jimmyjimbo72]

I have the same question. Did that whiny, sycophantic employee copyright strike you?

[@provenancemachining]

@@jimmyjimbo72 Probably, youtube's whole bullshit copyright claim system has been abused pretty heavily before.

[@PaulSebastianM]

Thank you Patreon for creating a huge opportunity and motive for others to create a similar but better platform that creators will mostly all flock to once they have a better vision to align to. It's clear that money matters more to you than your team "mates".

[@amangadpale9284]

Well when I once asked my College senior that if I get hired in basis of python but then the new programming language come then should I need to leave the job and my senior said "no they sent you on training to learn that language and start in new place at that company" , clearly this patreon guy ain't do that

[@pradyumnarahul]

Patreon is dying. Either the platforms they were targeting have now introduced a direct way for creators to monetize through fans with better rates than Patreon or alternative platforms are on the rise that has given creators a better percentage or easier ways for fans to interact with them.

[@do-hz4qb]

A new manager of a department was hired. When this happens, they want that department to be their department. Their ideas and their hires. Other than that, something happened causing the old manager to be fired.

[@gleaming999]

I worked for a company that decided to go from Dot.Net to all Java. They said they would retrain the engineers. The company shut down a month later.

[@Cass-es5kl]

Morning 🌄 from Northern California

[@Antassium]

Sorry to hear that.

[@pastrie42]

@@Antassium lol. NorCal is actually nice if you aren't poor.

[@Monkofthecaribbean]

@@pastrie42 Nah it sucks, lived there and not poor.

[@Justin-yt7pi]

@@pastrie42 I'd never thought living in the ghetto could ever be more depressing than ever before.

[@farhienzahaikal1868]

well it's doesn't matter if his company is raising 150 mill, if he fired product designer, manager, engineers, i think his company is not healthy. because firing them means halting every product development and business development.

[@dorbie]

Looking at the context here they've hired a Facebook product manager as a C suite head of product and he's probably switching tech stacks to REACT Native and related software, because that's what he knows from Instagram. Perhaps even unifying some of the client side engineering and cleaning up the back end. If they're not pushing heavily into a more networked social platform to build value I'd be very surprised. That would require a more scalable back end architecture and they'd need to start building that out. While that's his purview I doubt someone with a product background has a deep engineering understanding of any of it based on his role. It should be interesting to watch Patreon try to hire good engineers now and deliver this undisclosed grand new vision. What exciting new boxes of text will they shuffle around inside other rectangles of pixels on various platforms. Such amazing technology! Clearly they need to hire the very best for this! :-D

[@boltyk1]

video every day - what a pace! I hope this intern started great on his probation period and will be promoted to senior intern position in several months

[@liammail9884]

Sounds like his team composition didn't conform to diversity, inclusion, & equity requirements

[@TheTillmanSneakerReview]

The definition of Damage Control is opening up about all of the positive aspects of actions, while casually mentioning the negative outcomes or highlighting the positive outcomes indirectly cause by the negative actions.

[@MDobri-sy1ce]

There is a video on his channel with a thumbnail with writing on his hand that says, “Patreon Raised $155 Million Dollars!”

[@JohnSmith-lz8bz]

Patreon started cancelling content creators that don't tow the corporate line--Patreon needs to be fired! This $155 million might be a lifeline and payoff for having been a good team player and getting rid of non-resonating heretics.

[@amangadpale9284]

I used to like jack before , but the irony is they only had 82 employees, and 36 gone , who remains?

[@King-Kyle]

Employees (est.) (May 2021) - 564 Job Openings - 36 where did you get that number?

[@amangadpale9284]

@@King-Kyle idk I heard in one of his speech he said he had the team of 80 of something people's , I was suspecting how he can run large brand with that low amount of people

[@RatonSinDedos]

Cost Reduction basically Josh, its cheaper for USA companies to hire outside of USA amazing developers to do their job, as an example for the base salary of a senior developer in USA you can hire 3-4 Senior Devs in Mexico that can do the same work or even better. Companies are for profit.