Kickstarter plans layoffs after new projects on the site drop off by 35 percent

Photo by Amelia Holowaty Krales / The Verge Kickstarter announced in an internal memo today that it’s likely going to lay off employees. CEO Aziz Hasan writes that the crowdfunding company has already seen a significant drop in crowdfunding projects being listed on the site, which is how Kickstarter makes its money. Projects are down by about 35 percent, the memo states, with “no clear sign of rebound.”
Conversations are now starting with Kickstarter’s union organizers a