cross-posted from: https://lemm.ee/post/46655413
The Mozilla Foundation, the non-profit arm of the Firefox browser maker Mozilla, has laid off 30% of its employees as the organization says it faces a “relentless onslaught of change.”
cross-posted from: https://lemm.ee/post/46655413
The Mozilla Foundation, the non-profit arm of the Firefox browser maker Mozilla, has laid off 30% of its employees as the organization says it faces a “relentless onslaught of change.”
WTF. They had $1b banked a few days ago. This is a bit reactionary perhaps?
well you see. all the cool kids are laying off staff and Mozilla wants to hang out at their pool next summer.
They’re likely preparing for their funding from Google to be cut. Having a lot of money in the bank doesn’t matter if your income is lower than expenses, since you’ll run out of money eventually.
Expecting millions to be cut is still extreme when you have a fucking billion in the bank.
They get around $500 million per year from Google, so $1 billion is just two years worth of that. 86% of Mozilla’s revenue comes from that Google deal.