"Discord Joins Tech Downsizing Trend, Cuts 17% of Workforce"
Discord is laying off 17% of its workforce, amounting to 170 employees, as part of a move to become more efficient following a hiring surge in 2020. The company, known for its messaging service popular among gamers, joins a growing list of tech firms announcing cuts at the beginning of 2024. Discord's CEO cited the need for efficiency, and the company's valuation dropped amid a contraction in the high-risk tech market. Other tech companies, including Audible, Google's Alphabet, Unity Software, and Trend Micro, have also recently announced layoffs.
