📚 Firefox Maker Mozilla Is Cutting 60 Jobs After Naming New CEO

Less than a week after naming Laura Chambers as interim CEO, Firefox's maker Mozilla said it is cutting about 60 jobs, or 5% of its workforce. The cuts are primarily in the product development organization. Bloomberg reports: "We're scaling back investment in some product areas in order to focus on areas that we feel have the greatest chance of success," Mozilla said in a statement. "We intend to re-prioritize resources against products like Firefox Mobile, where there's a significant opportunity to grow and establish a better model for the industry." Mozilla last cut a significant number of jobs four years ago at the height of the Covid-19 pandemic. The not-for-profit company, which competes with Alphabet Inc.'s Google Chrome, Apple Inc.'s Safari and Microsoft Corp.'s Edge, has been grappling with sliding market share of its Firefox web browser in recent years. So far in 2024, the tech sector has cut 32,000 jobs.

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