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Discord lays off 170 people, blames growing too quickly | TechCrunch
(techcrunch.com)
This is a most excellent place for technology news and articles.
You can read the internal memo here. They increased their workforce by 400% in 3 years so it was bound to happen.
The severance package is 5 months of pay plus a week for every year they worked there, and a slew of other things to help the transition to a new job.