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by boomboomsubban
1224 days ago
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>Sincere question btw, as far as I know they’re “non-profit” but they get a good bit of hate They sort of aren't a nonprofit anymore. Too much of their money came from the search deal as opposed to donations so they had to spin off the Mozilla Corporation which is completely owned by the nonprofit Mozilla Foundation. The foundation is what does research like this, and they're funded by donations and a certain percent of the corporations profits. As for "drowning in money," they make ~$500 million a year. Many people think they waste it by doing things like paying their CEO a few million or being located in San Francisco. |
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> In 2018 she received a total of $2,458,350 in compensation from Mozilla, which represents a 400% payrise since 2008. On the same period, Firefox marketshare was down 85%.
> In 2020, after returning to the position of CEO, her salary had risen to over $3 million. In the same year the Mozilla Corporation laid off approximately 250 employees due to shrinking revenues. Baker blamed this on the Coronavirus pandemic.
Source: https://en.wikipedia.org/wiki/Mitchell_Baker#Negative_salary...