By: Jeffrey Wu and Evelyn Kao
Taipei, Aug. 12 (CNA) Mozilla, the developer of free web browser Firefox, plans to lay off approximately 250 workers, about a quarter of its workforce, and close its Taipei office as part of a corporate restructuring caused by the long-term impact of COVID-19.
The company had a restructuring plan in place for 2020 even before the COVID-19 pandemic, including investing in innovation and creating new products, Mozilla CEO Mitchell Baker wrote in a blog post and in an internal message to the company's employees Tuesday (U.S. time).
But "economic conditions resulting from the global pandemic have significantly impacted our revenue. As a result, our pre-COVID-19 plan was no longer workable," Baker said.
Baker's message also cited the organization's need to adapt its finances to a post-COVID-19 world and put more focus on financially viable products. [FULL STORY]