Mozilla Lays Off 70 People as Non-Search Revenue Fails to Materialize
upstart writes in with an IRC submission for Bytram:
Mozilla lays off 70 people as non-search revenue fails to materialize:
Mozilla Lays Off 70 EmployeesMozilla has laid off 70 people, TechCrunch reports. It's a significant move for an organization that employs around 1,000 people worldwide.
"You may recall that we expected to be earning revenue in 2019 and 2020 from new subscription products as well as higher revenue from sources outside of search," wrote Mozilla interim CEO Mitchell Baker in a memo to staff obtained by TechCrunch. "This did not happen."
Baker said Mozilla had decided not to shelve Mozilla's $43 million innovation fund, which focuses on creating new Mozilla products. She said Mozilla would provide "generous exit packages and outplacement support" to those who were let go.
upstart writes in with an IRC submission for Bytram:
Mozilla lays off 70 employees:
Mozilla laid off about 70 employees Wednesday as part of an effort to preserve funding for its top new priorities like protecting privacy and fighting surveillance online. The nonprofit is best known for creating the Firefox web browser, but it also is expanding into new areas including password management, file sharing and private network connections while doubling down on its longstanding push to improve online privacy.
"We're making a significant investment to fund innovation. In order to do that responsibly, we've also had to make some difficult choices which led to the elimination of roles at Mozilla which we announced internally today," Mozilla Chair Mitchell Baker said of the layoffs in a blog post.
And Mozilla is being more cautious with revenue and expenses. "We are taking a more conservative approach to our finances. This will enable us to pivot as needed to respond to market threats to internet health, and champion user privacy and agency," Mozilla said in a statement.
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