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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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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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kleer001 ◴[15 Jan 20 21:55 UTC] No.22059175[source]▶
Sadly that kind of work ethic (and honor) is not present enough in the west.
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1. icebraining ◴[15 Jan 20 22:30 UTC] No.22059527[source]▶
Nonsense, there have been multiple cases in the west, e.g. John Chambers at Cisco, Michael Kneeland at United Rentals, Dan Price at Gravity Payments, Nicholas Woodman at GoPro.
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2. hinkley ◴[15 Jan 20 22:53 UTC] No.22059718[source]▶
Maybe it's like when a store has 20% off sale a couple weeks after they raised their prices 10%. Yeah, it's still a sale, it's just not as big of a price cut as you're making it out to be.

Raise your salary, sock some money away, then take a big public paycut now that your house is paid off.

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3. dorfsmay ◴[16 Jan 20 02:52 UTC] No.22061278[source]▶
Ok. So right now, as they are letting 70 people go, and obviously not doing so well, would be a good time to take a big public pay cut.