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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 1 comments | | HN request time: 0s | 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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EduardoBautista ◴[] No.22058647[source]
I don't see how that is an unreasonable salary for the CEO of a highly influential tech company. CEO pay for other large tech companies is much higher.
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trox ◴[] No.22059827[source]
I think you overestimate the size of Mozilla Corp. As somebody mentioned above, the average CEO salary for a similar sized company is 800k.[1]

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

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SamReidHughes ◴[] No.22062208[source]
It would be a good idea to limit the comparison to Bay Area companies of that size.
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BrendanEich ◴[] No.22062408[source]
Top few execs made above 800k but not 7 figures when I was there.
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SamReidHughes ◴[] No.22072705[source]
I guess I'm being a pedant about the way one might pursue the line of reasoning of comparing to other companies' pay, not its validity and overall applicability.
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BrendanEich ◴[] No.22077560[source]
Mozilla constantly says it is not like “other companies”.

We were and are in the Bay Area, which is every year more expensive, but not 3x more.

It could be the 2.5m/year is justified, but not by market share up, new revenue lines, or both. What else? Competition? No, it is a custom fit job, chair of both boards and now even acting CEO. No competitive recruiting or chance for others to get the job, no real oversight.

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1. SamReidHughes ◴[] No.22083025[source]
Right.