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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 1 comments | 15 Jan 20 19:48 UTC | HN request time: 0s | source
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petagonoral ◴[15 Jan 20 21:03 UTC] No.22058534[source]▶
in 2018, mozilla had 368 million USD in assets:

2018 financials: https://assets.mozilla.net/annualreport/2018/mozilla-fdn-201...

wow, 2.5 million for the executive chair of Mozilla in 2018. is that person really bringing 2.5 millions dollar worth of value to the company. this is in addition to the 2.x million from the year before. 10s of million exfiltrated out of a non-profit by one person over the last few years. nice job if you can get it.

edit: 1 million USD in 2016 and before.jumped to 2.3 million in 2017! pg8 of form 990 available at https://foundation.mozilla.org/en/about/public-records/

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ntsplnkv2 ◴[15 Jan 20 21:11 UTC] No.22058625[source]▶
> is that person really bringing 2.5 millions dollar worth of value to the company.

Probably not but that is what the market cost is. I have no doubt the executive chair of Mozilla has other offers.

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csdreamer7 ◴[15 Jan 20 21:40 UTC] No.22059006[source]▶
I disagree. The CEO seems to be hinting at lean years ahead. She should be cutting her pay instead. Like Nintendo's management did during their Wii U years.
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1. bob33212 ◴[15 Jan 20 22:02 UTC] No.22059256[source]▶
It would be interesting to see if the CEO bailed if her pay was cut in half. Many CEOs are not in a paycheck to paycheck lifestyle. So they can walk away if you cut their pay without looking like an asshole. Then the board is stuck looking for a replacement who will accept 1.25M and the expectation that it could get cut again if the company doesn't turn around.