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Restructuring Announcement

automattic.com

41–50 of 249 posts

Re: Restructuring Announcement

#42
I wonder if the CEO throwing a tantrum that another company was using "their" open-source (thus, not theirs) code wasn't the real problem, but it made investors take a closer look, and they noticed that Automattic has less of a moat then they thought.

Re: Restructuring Announcement

#43
post #3
post #2

Not especially surprising, but there’s an awfully large elephant in the room that likely directly contributed to this necessity that goes completely unmentioned.

Is the elephant in the room with us now? (Mind filling in?)

https://mullenweg.wtf/

https://web.archive.org/web/20241026031947/https://bullenweg...

Re: Restructuring Announcement

#44

Given what I know of the situation (which admittedly isn't much), wouldn't the best course of action be to shitcan the CEO?

From Reddit discussions, if they can be trusted, there is nobody who can remove Matt from any position. It's a private company and the investors were given non-voting shares.

Re: Restructuring Announcement

#45
There's a parallel timeline where he admitted he messed up, stepped down, hired a real CEO, put someone else in charge of the nonprofit, and the downward slide he caused started to reverse.

Re: Restructuring Announcement

#46

Given what I know of the situation (which admittedly isn't much), wouldn't the best course of action be to shitcan the CEO?

From Reddit discussions, if they can be trusted, there is nobody who can remove Matt from any position. It's a private company and the investors were given non-voting shares.

he'd already be out if it was simple to force him out

Re: Restructuring Announcement

#47
post #41

Given what I know of the situation (which admittedly isn't much), wouldn't the best course of action be to shitcan the CEO?

With apologies to Louis XIV, Matt is Automattic.

wait, did he put his name in the company name?

if so, that's what we in the narcissist-identifying business call a "tell".

Re: Restructuring Announcement

#48
post #41

Earlier quoted context omitted.

With apologies to Louis XIV, Matt is Automattic.

wait, did he put his name in the company name? if so, that's what we in the narcissist-identifying business call a "tell".

> wait, did he put his name in the company name?

Yes.

Re: Restructuring Announcement

#49
post #34
post #7

on the positive side, it's a small thing monetarily, but retention of company laptops is a nice goodwill gesture

companies that collect their laptops from laid off => where do these laptops go? how they recycle them?

It's a huge "depends". Different areas have different recycling opportunities. Some hardware providers have their own buyback/replacement programs. Also some companies may want to reimage and reuse the returned hardware. Finally you want some stock of temporary laptops available for people who are waiting for repairs so some functioning used ones are great for that.

Re: Restructuring Announcement

#50
post #20
post #5

Earlier quoted context omitted.

Matt Mullenweg is the elephant.

Since Matt regularly comments here, and given the expression chosen; I'm pretty certain that they know who the elephant is.

His account has been inactive for almost all of 2025, I think his legal team must have taken away the password.
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