this post was submitted on 05 Nov 2024
679 points (98.6% liked)

Technology

60047 readers
2972 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
 

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.”

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 14 points 1 month ago (2 children)

WTF. They had $1b banked a few days ago. This is a bit reactionary perhaps?

[–] [email protected] 8 points 1 month ago (1 children)

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.

[–] [email protected] 2 points 1 month ago (1 children)

Expecting millions to be cut is still extreme when you have a fucking billion in the bank.

[–] [email protected] 5 points 1 month ago* (last edited 1 month ago)

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.

[–] [email protected] 7 points 1 month ago

well you see. all the cool kids are laying off staff and Mozilla wants to hang out at their pool next summer.