this post was submitted on 05 Nov 2024
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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.”

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[–] dan@upvote.au 8 points 1 day 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.

[–] just_another_person@lemmy.world 2 points 1 day ago (1 children)

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

[–] dan@upvote.au 5 points 1 day ago* (last edited 1 day 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.