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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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shawndrost ◴[15 Jan 20 22:05 UTC] No.22059281[source]▶
The person we're talking about is Mitchell Baker, who has spent over 20 years contributing to Mozilla, including years as a volunteer. She has been on Time's 100 most influential people list. She has directly authored many foundational pieces of Mozilla and (arguably) the internet. She is the founding CEO of the Mozilla Corporation, which pays her paycheck from its ~$500M in revenue. Mozilla Corp is the highly-profitable source of the $368 million in Foundation assets that parent cited.

https://en.wikipedia.org/wiki/Mitchell_Baker

I understand why people are generally peeved about executive compensation, but this conversation is very rote and this is a particularly flamebait-y framing of it.

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dom96 ◴[15 Jan 20 23:06 UTC] No.22059813[source]▶
Am I the only one who thinks no single person should be earning more than $1 million per year? especially if they are working for a non-profit?
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hutzlibu ◴[16 Jan 20 00:41 UTC] No.22060536[source]▶
Not the only one, but you are part of a very small group.

Anyway, I also disagree in general. If a person brings so much value, than why not compensate that person adequately?

The "only" thing that is bothering me with the insanely high salary of CEO's etc. is that they quite often seem disconnected from actual success. Like in this case:

https://twitter.com/BrendanEich/status/1217512049716035584

The market share of Firefox goes down, yet her compensation goes up. Why???

(Also, in a ideal world, I think the biggest compensation for a technical product should be for the technical people. And not the lawers.)

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1. badpun ◴[16 Jan 20 09:18 UTC] No.22062872[source]▶
> If a person brings so much value, than why not compensate that person adequately?

The question isn't only if the person brings that much value, but also - is there any other person who would bring as much value, but would work for less salary?