TECH CRUNCH - Discord, the popular online community platform, is cutting 17% of its workforce, amounting to ~170 employees. CEO Jason Citron attributes the layoffs to over-hiring and rapid expansion, stating that the company grew fivefold since 2020, leading to inefficiencies. While Discord experienced significant growth during pandemic lockdowns, it continues to face financial challenges and seeks to improve organizational agility through this reduction in staff. This move follows other recent tech layoffs, including those by Unity, Twitch, and Amazon.