Breaking News

Samsung Galaxy S25 Edge Features New Corning Gorilla Glass Ceramic 2 for Enhanced Durability Razer announces Clio Chair Accessory for Audio Immersion Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance ADATA Launches T7 and T5 Enterprise SSD Series

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Mozilla Lays off 70 Employees

Mozilla Lays off 70 Employees

Enterprise & IT Jan 16,2020 0

Mozilla has internally announced that about 70 employees will leave the organization as a result of slow rollout of new revenue-generating products.

"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. This did not happen," Mozilla chairwoman and interim CEO Mitchell Baker wrote in her memo. "Our 2019 plan underestimated how long it would take to build and ship new, revenue-generating products. Given that, and all we learned in 2019 about the pace of innovation, we decided to take a more conservative approach to projecting our revenue for 2020. We also agreed to a principle of living within our means, of not spending more than we earn for the foreseeable future."

Baker says laid-off employees will receive "generous exit packages" and outplacement support. She also notes that the leadership team looked into shutting down the Mozilla innovation fund but decided that it needed it in order to continue developing new products.

Mozilla has started testing a number of new products, most of which will be subscription-based once they launch. The feature here is including its Firefox Private Network and a device-level VPN service that is yet to launch, but will cost around $4.99 per month.

This is part of the organization's plans to become less reliant on income from search partnerships and to create more revenue channels.

Here is what Baker write in the company's blog:

Mozilla Continue to excel at our current work, while we innovate in the areas most likely to impact the state of the internet and internet life. From security and privacy network architecture to the surveillance economy, artificial intelligence, identity systems, control over our data, decentralized web and content discovery and disinformation — Mozilla has a critical role to play in helping to create product solutions that address the challenges in these spaces.

We have a strong line of sight on future revenue generation from our core business. In some ways, this makes this action harder, and we are deeply distressed about the effect on our colleagues. However, to responsibly make additional investments in innovation to improve the internet, we can and must work within the limits of our core finances.

We make these hard choices because online life must be better than it is today. We must improve the impact of today’s technology. We must ensure that the tech of tomorrow is built in ways that respect people and their privacy, and give them real independence and meaningful control. Mozilla exists to meet these challenges.

Tags: Mozilla
Previous Post
TASCAM's New Model 12 Integrated Production Suite Covers Audio and Multimedia Creators, Desktop Production, Live Performance and More
Next Post
Demand for 5G Smartphones and 7nm Chips Boost TSMC's Fourth Quarter Results

Related Posts

  • Scroll Partners With Firefox to Build a Better Internet

  • Firefox Brings DNS Over HTTPS by Default for US Users

  • Thunderbird Gets a New Home

  • Mozilla, Intel, Red Hat and Fastly Plan to Take WebAssembly Beyond the Browser

  • Firefox to Limit Notification Prompts While Browsing

  • Mozilla is Asking Congress to Examine the Data Practices of ISPs

  • Mozilla Talks About $5 Ad-free Subscription Plan

  • Mozilla Plans "Paid Firefox" Services For Future Backing

Latest News

Samsung Galaxy S25 Edge Features New Corning Gorilla Glass Ceramic 2 for Enhanced Durability
Smartphones

Samsung Galaxy S25 Edge Features New Corning Gorilla Glass Ceramic 2 for Enhanced Durability

Razer announces Clio Chair Accessory for Audio Immersion
Consumer Electronics

Razer announces Clio Chair Accessory for Audio Immersion

Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go
PC components

Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go

Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance
Cooling Systems

Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance

ADATA Launches T7 and T5 Enterprise SSD Series
Enterprise & IT

ADATA Launches T7 and T5 Enterprise SSD Series

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Rock 5

be quiet! Dark Rock 5

G.skill Trident Z5 Neo RGB DDR5-6000 64GB CL30

G.skill Trident Z5 Neo RGB DDR5-6000 64GB CL30

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

Crucial Pro OC 32GB DDR5-6000 CL36 White

Crucial Pro OC 32GB DDR5-6000 CL36 White

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed