Business2 sources
Automattic Initiates Layoffs Amid Board Upheaval and Executive Departures
- Automattic has begun laying off employees across multiple teams, including WordPress.com and its enterprise business.
- The layoffs follow a board shakeup and a series of executive departures at the company.
- Sources indicate that more cuts could follow as Automattic aims to improve its financial situation.
- On Sept. 9, the Automattic board voted to put CEO Matt Mullenweg on leave, a move that came as a surprise to many.
- Mullenweg had just returned from his annual trip to Burning Man when the board's decision was made.