US EditionWordPress creator Automattic lays off 16pc of its workforce
- Automattic, known for WordPress, began laying off 16% of its global workforce on Wednesday.
- The company initiated these layoffs after a year marked by a legal dispute and a need for restructuring.
- This action affected employees across 90 countries and reduced the staff from 1,744 to approximately 1,495.
- CEO Matt Mullenweg stated the layoffs will improve productivity, profitability, and investment capacity.
- Automattic aims to streamline operations and enhance agility, ensuring long-term financial viability.
Insights by Ground AI
Does this summary seem wrong?
21 Articles
21 Articles
All
Left
1
Center
3
Right
Automattic Lays Off 281 People Across 90 Countries: The Web Reacts – Cloud PR Wire
On Tuesday, Automattic CEO Matt Mullenweg sent ripples throughout the WordPress community with a blog post announcing the layoff of 281 employees – representing 16% of Automattic’s workforce. Employees were first notified via internal message before the news was made public later in the day on Automattic’s website. While acknowledging continued revenue growth, he cited… Read More »Automattic Lays Off 281 People Across 90 Countries: The Web Reacts
Coverage Details
Total News Sources21
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
