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Mozilla: Dismisses 1/4 of its human resources to maintain the company financially

Η Mozilla, known for its browser Firefox, fired about 250 employees of the company, citing its financial impact COVID-19.


Η company earlier this year launched a plan to implement a more lenient operation, which included layoffs and layoffs of 70 employees. But a few days ago, Mozilla CEO, Mitchell Baker, stated that it is required "a more significant restructuring”To maintain the company financially.

"The economic conditions resulting from the global pandemic have significantly affected our revenues. As a result, pre-COVID plans are no longer applicable " mentioned in a post.

Last November, Mozilla had more than 1.000 full-time employees, reducing the company by about a quarter. It has also decided to close Mozilla's businesses in Taipei, Taiwan, and another 60 people will "change teams," Baker said in a statement. interior mail to employees.

H Mozilla generates most of its revenue through the Firefox browser. Although the product is free for consumers, the company has entered into copyright agreements with Google and Yahoo to make search engines appear in the browser as the default option. However, money from the deals fell. In 2018, royalties fell to $ 429,7 million, from $ 539,2 million the previous year.

The company also raises advertising revenue, but the pandemic has led many companies to stop showing.

As a result, Mozilla is focusing on developing new revenue streams outside of Firefox. «Recognizing that the old model where everything was free has consequences means that we need to explore a number of different business opportunitiesBaker said in a statement.

One of Mozilla's newest products includes a service Paid VPN, which costs $ 4,99 a month. The company also works on a VR chat platform called Hubs, and a news reading application called Pocketsas well as products related to security and privacy.

The company will create a new design and user experience team to support these products. However, it will reduce some resources around the Firefox browser. «We reduce investment in certain areas, such as developer tools, in-house tools, and platform capabilities development, and transfer security and privacy product support to the New Products and Features team.", Said Baker.

"We are also restructuring to pay more attention to the development of new products and to engage in market activities", He added. "In the long run, I am convinced that the new organizational structure will serve the goals of the products and our positive presence in the market. ”

Source


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