Automattic, known for platforms like WordPress.com and WooCommerce, is laying off 16% of its workforce, affecting over 270 employees due to the competitive market landscape. This restructuring follows a challenging year, including legal issues with WP Engine. CEO Matt Mullenweg emphasized that these layoffs are essential for improving productivity and ensuring long-term financial viability, with hopes of making the company more agile and focused on product quality. Employees affected by the layoffs, spanning 90 countries, will receive severance and job placement support.
"To support our customers and products, we must improve our productivity, profitability, and capacity to invest," read the post, authored by Mullenweg.
Mullenweg explained that the newly announced layoffs will allow Automattic to become "more agile and responsive," "break down silos that have created inefficiencies," and "focus on product quality."
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