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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 1 comments | 15 Jan 20 19:48 UTC | HN request time: 0.202s | 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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fauigerzigerk ◴[15 Jan 20 21:52 UTC] No.22059145[source]▶
>Probably not but that is what the market cost is.

Is it really? The average pay for the CEO of a company of Mozilla's size is somewhere around $800,000 according to [1]. And a pretty large chunk of that is performance related.

Of course salaries may vary a lot between industries, but given Mozilla's performance, their CEO's salary appears to be on the high side.

[1] https://chiefexecutive.net/ceo-and-senior-executive-compensa...

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1. fralewsmi ◴[15 Jan 20 23:10 UTC] No.22059852[source]▶
Less true if you consider only tech ceo salaries