While market share is going down, hasn’t revenue increased?
Firefox usage is down despite Mozilla's top exec pay going up
151–160 of 1001 posts
Re: Firefox usage is down despite Mozilla's top exec pay going up
#152> And they can't reduce their salary now because it'd be unfair on their families. That must be a real comfort to all the people they laid off. This CEO needs to go, needs to be replaced by someone who is well versed in technology instead of in law.
Says someone who is well versed in commenting on an online forum but not an executive for a large nonprofit. Look, I have nothing for or against Baker, but the constant “she knows nothing about her job because she isn’t a programmer” is just tiresome. You don’t have to be technical to be an effective leader. However, it usually does help and you surely do need to know when your company is going under.
I've been CEO of various companies in the past, and am CEO of a much smaller company today (by choice). Not 'large non-profits' but large enough for it to matter to those around me and the people that I employ.
When COVID-19 hit the first thing I did was reduce, then totally stop my pay. This has caused me to take a significant personal hit but it means that the company now has a year and a half of runway left at the current rate of expense.
Nobody got laid off even though we are down to some fraction of our pre-COVID income. Morale is not super high because of course people are still suffering personally because of the whole affair, several people working with/for us including me have been infected, and all of our lives are significantly impacted. But we are still afloat and will get through this crisis with all hands on board and when we do I will make sure to send extra compensation to those people that took a pay cut to make this happen.
So, as one CEO commenting on the actions of another: this excuse is bordering on the ridiculous and I'm surprised that she even mentioned it.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#153Devils advocate: you have to pay a top exec more if the company looks like its main product is in decline. Plus 2.4m/year isn't crazy in the scheme of tech salaries - that exec could potentially take other roles that pay even more.
This is why I like Balmer and Tim Cook. Their fortunes are tied to the success of their companies rather than leeching off of it as it dies. I'd posit that any CEO who is not in a Ride or Die relationship with their company does not have correctly aligned incentives for their performance.
Microsoft traded sideways during the Ballmer era.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#154I really like Firefox and Rust. It feels like Mozilla's most important products and I feel, and could be wrong, that when they recently laid off skilled tech people they fired the wrong people. Don't fire the doers!
I'm guessing there are a lot of initiatives with a heavy "SJW" direction that was spared. Most of those are probably not very technical.
I think Mozilla should focus on getting Firefox written in Rust. This will likely make Firefox a safer browser and make it easier to work on. A safer browser is good for privacy which is partly a non-tech thing they should focus on too. Personal privacy and safety.
Donating to Mozilla feels completely pointless when there are people at the top leeching off money without having none of the qualities of a charismatic leader.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#155Earlier quoted context omitted.
They had one of those. He was chased out for making $3,100 in donations the wrong political causes.
This cant be true because cancel culture does not exist, I am being told.
Not every bad thing that happens to someone, or every time someone is criticized counts as cancel culture.
Cancelling has a heavy element of being ostracised from a community and having your reputation destroyed.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#156The article suggests that Mozilla should invest in building financial independence. One suggestion would be to build an endowment. Would you have other suggestions on how Mozilla and open-source organizations in general could do to achieve that?
Put money in index funds and then use the dividends or draw out slightly less money than the average yearly increase.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#157There's a quote from the CEO saying that they looked at the market and felt like they were being underpaid. And they can't reduce their salary now because it'd be unfair on their families. Firefox has a problem. It gets most of its revenue from Google. They need a different revenue stream but their ideas haven't worked. Their executives are clearly failures. But with such high pay, they're cashing out. Buying themsel…
While I understand the frustration, it's unclear to me what the expected solution is for Mozilla. Pay the CEO less until the company does better? Ok but the CEO will presumably just find a higher paying job elsewhere. Then what? Find a cheaper CEO? How does that help fix the slipping market share for Firefox?
What’s so great about this CEO? Would a cheaper CEO do worse?
Re: Firefox usage is down despite Mozilla's top exec pay going up
#158> And they can't reduce their salary now because it'd be unfair on their families. That must be a real comfort to all the people they laid off. This CEO needs to go, needs to be replaced by someone who is well versed in technology instead of in law.
Do you see any realistic chance of this happening? Generally if a company is captured by a parasitic leadership sucking it dry, that's it, right? Is there anyone on the board whose interests are more aligned with keeping Mozilla alive (probably hard to do at this point) than feasting on it whilst there is still something left to feast on? Presumably you'd need a few such people.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#159This is an interesting general question that would deserve more attention: What do top executives in a company really do to bring the business forward and how do you measure it? How do you measure today whether the decision to invest 10 billion in drone delivery today will lead to a huge ROI in 10 years?
I think you can't because you can't predict the future which means, the high payment of executives is simply based on trust (by the company owners) that they will do the right things for the company.
Re: Firefox usage is down despite Mozilla's top exec pay going up
#160How is the former top exec's pay doing, as brave browser hit multiple 100%s of growth?