WordPress parent company Automattic layoffs 16% of its workforce

🔥 Wordpress: Automattic Lays Off 16% of Workforce 🚨

#WordPress parent company #Automattic has announced a 16% workforce #layoffs, impacting employees across various divisions, including WooCommerce, Tumblr, and AI teams. This move comes as part of a restructuring effort to improve efficiency and financial stability.

🔹 Over 270 employees affected

🔹 Layoffs span across 90+ countries

🔹 Automattic aims to streamline operations & enhance productivity

CEO Matt Mullenweg stated that these changes will help the company become more agile and continue its mission to democratize the internet.

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#Automattic #WordPress #Layoffs #TechNews #WooCommerce #Tumblr