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If I recall correctly, that twitter post is not entirely accurate. The CEO was exercising their stock options. Also, arguably it's not mutually exclusive to su
by citilife 7y ago
If I recall correctly, that twitter post is not entirely accurate. The CEO was exercising their stock options.
Also, arguably it's not mutually exclusive to suggest people to consider where to work, at the same time executives make larger income. On the outside, clearly the board of directors thought the increased income was worth it. As we have limited insight, I don't think we should assume an unethical intent.
Finally, I don't know which 70 jobs were cut, but presumably it was that their skills were determined to no longer necessary to the business. Tough luck, but to the remaining employees, it's ethical to lay them off.
- metajack 7y ago> If I recall correctly, that twitter post is not entirely accurate. The CEO was exercising their stock options. Mozilla Foundation is a non-profit, and Mozilla Corp is private held wholly by Mozilla Foundation. No one is getting compensated in forms of equity. All compensation plans are salary and cash bonuses. The data from the tweet matches the numbers from public IRS filings of Mozilla Foundation. See https://www.mozilla.org/en-US/foundation/annualreport/2018/ https://www.mozilla.org/en-US/foundation/annualreport/2018/ for the most recent report.