←back to thread

Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 7 comments | | HN request time: 0.001s | source | bottom
Show context
falcolas ◴[] No.22058292[source]
70 employees, at a grossly over-estimated cost of $200,000 a year each (QA "leads" would probably cost a fraction of that), would cost Mozilla about $14M to retain. They are retaining their $43M budget for blue sky research intact (per TFA).

It feels like a better compromise could have been made.

replies(8): >>22058339 #>>22058363 #>>22058376 #>>22058424 #>>22058747 #>>22059008 #>>22059109 #>>22062734 #
1. petagonoral ◴[] No.22058339[source]
Would love to see the compensation their board members and execs are claiming.
replies(2): >>22058563 #>>22058582 #
2. falcolas ◴[] No.22058563[source]
""" For VPs and above, we benchmark compensation against a blended peer group comprised of 70% similarly-sized public and private tech companies and 30% non-profit organizations. This approach serves to reinforce our mission-first orientation. Consistent with market best practice, at least 70% of compensation for senior leadership is “at risk” and tied to individual and company performance. """

The CEO (Mitchell Baker) made around $2.3M in 2017.

replies(1): >>22059086 #
3. mozcomp ◴[] No.22058582[source]
Because the Mozilla Foundation is a non-profit, this information is public, at least partially! The latest numbers are from 2018.

https://assets.mozilla.net/annualreport/2018/mozilla-2018-fo...

Check out page 7.

replies(1): >>22058828 #
4. ◴[] No.22058828[source]
5. riffraff ◴[] No.22059086[source]
given the lackluster performance of firefox in recent years, and 70% being performance based, how has this number gone up? ($2.5M in 2018)
replies(2): >>22059832 #>>22061473 #
6. throw16012020 ◴[] No.22059832{3}[source]
For the past couple of years the main measurable objective has been the second derivative of Firefox market share, ie. just slowing down the bleed was enough to get 100% (or over 100%) company performance based bonuses.
7. throwawayjava ◴[] No.22061473{3}[source]
Because the benchmark went up.