>The deal with Google just got renewed well before the lay-off's, despite the empty words about global pandemic being a reason, there is no major impact on their revenue ( or Google's for that matter).
I'm not an expert, but I'm fairly sure that "our revenues stayed the same between 2018-2023” would be seen as a failure in most companies. Not only do costs rise every year, employment decisions are made assuming it will lead to increased revenue.
For almost any non-profit maintaining their new donations for the same level for 5 years would be considered good performance.
Even in most aggressive startups maintaining revenues at $400-500 Million level is likely to cause first management change and rarely lay-offs of 25% of the workforce.
Even if that was the reason, clearly mangement have been unable and unlikely to that kind of growth. Firing quarter of your highly skilled workforce is not the right approach.
Had they killed 25% of the projects and retained the best of talent from those projects and repositioned them in other projects it would have made sense. While as you say such highly skilled workforce has salary growth expectations, hiring from the market is always costlier in terms of absolute salary, training, on-boarding, performance risk and finally attrition before RoI is achieved .
>For almost any non-profit maintaining their new donations for the same level for 5 years would be considered good performance
Donations are barely a factor here, it is not a meaningful part of their revenue.
As you say, one year of steady revenue would cause a significant shakeup in a company. By year three, things would look fairly dire. Mozilla has already tried a number of other options, and are in the middle of a management change. Eventually this becomes the only choice
I'm not an expert, but I'm fairly sure that "our revenues stayed the same between 2018-2023” would be seen as a failure in most companies. Not only do costs rise every year, employment decisions are made assuming it will lead to increased revenue.