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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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EduardoBautista ◴[15 Jan 20 21:12 UTC] No.22058647[source]▶
I don't see how that is an unreasonable salary for the CEO of a highly influential tech company. CEO pay for other large tech companies is much higher.
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aaomidi ◴[15 Jan 20 21:24 UTC] No.22058809[source]▶
There's hundreds of other engineers that can probably do as good of a job or better than him.

Just because someone has a CEO label doesn't mean they have to be paid extreme amounts of money.

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1. susijdjdjxa ◴[15 Jan 20 22:25 UTC] No.22059483[source]▶
Running a company such as this is like living in a shark tank. Powerful, convincing people are going to lobby you to do what they think you ought to be doing. See the recent privatization of .org for how things can go wrong. You need the right person at the helm with strong convictions.