FOX Business’ Lauren Simonetti reports on homes and offices that have more private spaces after the outbreak of coronavirus and the rise of social distance and work from home.
Mozilla Corporation, best known for its popular Firefox web browser, will lay off about 250 employees and restructure its business amid financial difficulties related to the coronavirus pandemic, the company announced in a blog post on Tuesday.
“Economic conditions emerging from the global pandemic have significantly affected our revenue,” said Mozilla CEO Mitchell Baker. “As a result, our pre-COVID plan was no longer workable. Although we have been talking openly with our staff since the spring about the need for change – including the possibility of dismissal – it was not easier today when these changes became real. “
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As part of the restructuring, Mozilla will close its operations in Taipei, Taiwan, TechCrunch reported. Free workers will receive a severance package consisting of at least their base pay for the remainder of the calendar year, as well as any performance bonuses they have earned.
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Mozilla will move away from its free-to-use model and embrace generating products, including platforms designed to “reduce harm” and protect Internet privacy. The company helps much of its revenue from a deal with Google to include that company’s search engine as the default option in its browser.
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“Recognizing that the old model, where everything was free, has consequences, means that we have to explore a range of different business opportunities and exchanges of values,” Baker added.
Mozilla had about 1,000 global employees as of 2018, the most recent year in which job data were available. The company laid off 70 employees in January.
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