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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 2 comments | 15 Jan 20 19:48 UTC | HN request time: 0.728s | 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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minikites ◴[15 Jan 20 21:26 UTC] No.22058837[source]▶
>is that person really bringing 2.5 millions dollar worth of value to the company

Change the number and this will apply to most CEOs.

https://www.glassdoor.com/research/ceo-pay-ratio/

According to these numbers, CEOs work 204 times as hard as regular employees.

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jaywalk ◴[15 Jan 20 21:34 UTC] No.22058930[source]▶
> CEOs work 204 times as hard as regular employees

That's an interesting (and ridiculous) way to spin the numbers.

One doesn't have to work x times harder to bring x times more value to a company.

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1. minikites ◴[16 Jan 20 01:00 UTC] No.22060657[source]▶
So you're saying success isn't a function of how hard you work?
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2. catalogia ◴[16 Jan 20 03:01 UTC] No.22061325[source]▶
Value isn't solely a function of effort, no. Some activities are more fruitful than others. This is a universal truth by the way, not simply a property of our current economic system. If I work up a sweat driving nails into wood with a hammer, that won't make whatever I'm creating stronger than if I used an electric screwdriver or nailgun.