Editing VRChat Inc. (section)

=== The June 2024 Workforce Reduction ===

On June 12, 2024, [[Graham Gaylor]] announced a reduction of approximately 30% of VRChat's workforce. In an act of unusual corporate transparency, the full email to all employees was published publicly on the VRChat Ask Forum by [[tupper]], with no redactions.

Gaylor identified four root causes: delayed management hiring, over-hiring of individual contributors during 2021–2022 growth, insufficient runway, and changing role needs for the platform's next phase.

<blockquote>
"Jesse and I take full responsibility for the decisions that brought us here."
<br/>— <i>[[Graham Gaylor]], CEO, VRChat Inc. — Layoff email, June 12, 2024</i>
</blockquote>

Severance included 12+ weeks of pay, up to 6 months of healthcare, extended stock option windows, lifetime VRC+ subscriptions, and preferential Creator Economy revenue share for departing employees who became creators.

The full email is preserved at: ask.vrchat.com/t/an-email-from-our-ceo/25060