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Automattic is hurting financial. That is why they asked employees to take severance and why they are lashing out at their competition.
by fijiaarone 2y ago
Automattic is hurting financial. That is why they asked employees to take severance and why they are lashing out at their competition.
- mplewis 2y agoAutomattic needing more money explains all of Matt M's moves.
- andrewflnr 2y agoDoes it? I mean, it explains the desperate attempts at getting more money, but it doesn't fully explain his hamfisted execution. There are smarter ways to go about extorting your competitors.
- bubblesnort 2y agoEveryone can experience mania at some point in their life. Anything can happen because the brain works differently. idk, perhaps he should see a shrink.
- tiffanyh 2y agoProbably mostly from Tumblr. https://techcrunch.com/2023/07/12/tumblr-is-losing-30m-each-year-ceo-says/ https://techcrunch.com/2023/07/12/tumblr-is-losing-30m-each-...
- frankacter 2y ago>Automattic is hurting financial. What are you basing this off of? "In 2024, Automattic's revenue reached $710M up from $580.2M in 2022. The company previously reported $580.2M in 2022, $418.3M in 2021. They do this with a small 2k team."
- deleted 2y ago[deleted]