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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 3 comments | 15 Jan 20 19:48 UTC | HN request time: 0s | source
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falcolas ◴[15 Jan 20 20:44 UTC] 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.

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petagonoral ◴[15 Jan 20 20:47 UTC] No.22058339[source]▶
Would love to see the compensation their board members and execs are claiming.
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falcolas ◴[15 Jan 20 21:06 UTC] 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.

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1. riffraff ◴[15 Jan 20 21:46 UTC] 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)
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2. throw16012020 ◴[15 Jan 20 23:08 UTC] No.22059832[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.
3. throwawayjava ◴[16 Jan 20 03:36 UTC] No.22061473[source]▶
Because the benchmark went up.