Mozilla has laid off 70 people, TechCrunch reports. It's a significant move for an organization that employs around 1,000 people worldwide.
"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," wrote Mozilla interim CEO Mitchell Baker in a memo to staff obtained by TechCrunch. "This did not happen."
Baker said Mozilla had decided not to shelve Mozilla's $43 million innovation fund, which focuses on creating new Mozilla products. She said Mozilla would provide "generous exit packages and outplacement support" to those who were let go.
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