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This announcement makes no sense. You do not have 35 employees without some sort of stable budget. Seems very unlikely the budget changed so much in the past f
by fierarul 6y ago
This announcement makes no sense.
You do not have 35 employees without some sort of stable budget. Seems very unlikely the budget changed so much in the past few months that you have to reduce your headcount by 40%!
Then they even mention that they expect Tor to be even more relevant in the coming period. Well, now would be a good time to keep the people, work on the product and show how relevant it is.
Very little specific detail considering they are a non-profit. Why not post the numbers?
- maallooc 6y agoThe fact is, they post their numbers every year. You can download their annual audit reports. They just did not state those numbers on this article. And this layoff is not because the budget changed now, it’s to prepare for that. Don’t demand to be spoonfed, just pay attention little more.
- fierarul 6y agoYeah, right. One should expect transparency from little startups showing us their monthly revenue and such. We have to wait for the yearly audited reports to get a small glimpse into the world of non-profits. I've read a few of these reports to know they are generally useless or well hidden. It's early April. I'll just quietly wait another 8 months to see how their financials changed. Or I could hunt down previous reports, see their revenue, infer their operating costs (assuming they didn't hire any new people), then guesstimate how their projected revenue is altered to much as to require a 40% headcount change. Or maybe, just maybe, a non-profit could have posted this info.