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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 2 comments | | HN request time: 0.417s | source
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petagonoral ◴[] 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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marcinzm ◴[] No.22059064[source]
I mean, Mozilla brings in $450 million a year in revenue and manages $600 million worth of assets.

If she's able to increased the revenue or efficiency by just 1% then she's paid off almost twice her salary.

edit: Fixed pronoun, apologies.

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1. staticassertion ◴[] No.22062003[source]
But Mozilla is doing worse than last year, not better, no?
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2. BrendanEich ◴[] No.22062242[source]
Main search deal is traffic based; user population, per statcounter and netmarketshare, continues downward trend. So less revenue over time, unless users search more for some reason.