Matt Mullenweg Discusses Automattic's Staffing and Financial Outlook at TechCrunch Disrupt
Matt Mullenweg, CEO of Automattic and co-creator of WordPress, addressed staffing challenges, trademark disputes, and financial performance at TechCrunch Disrupt. Following a significant reduction in workforce with 159 employees accepting severance, Automattic is actively hiring. Mullenweg discussed ongoing trademark and legal battles with WP Engine, emphasizing the support from the WordPress Foundation board. Despite a markdown from investor Blackrock, he reported that Automattic generates substantial annual revenue and is operating at break-even. Mullenweg also welcomed the idea of potential WordPress forks, highlighting the flexibility of open-source software.
What staffing issues is Automattic currently facing?
Automattic is short-staffed after 159 employees accepted a severance offer. The company is actively hiring to fill these gaps.
What are the financials of Automattic?
Automattic generates around half a billion dollars in annual revenue and is running at break-even or better, with no plans to raise primary capital.
How does Matt Mullenweg view the possibility of WordPress forks?
Mullenweg sees the potential for WordPress forks as a positive outcome, emphasizing the flexibility and beauty of open-source software that allows for such developments.