Automattic has begun laying off employees across multiple teams, including WordPress.com and its enterprise business, following a board shakeup and a series of executive departures. Sources say more cuts could follow as the company looks to improve its…
Expect to see quite a few websites serving “404” or “Page Not Found” errors today: Nearly 70 percent of websites need to update their core software to fix a pair of vulnerabilities that allow an attacker to seize full control over affected servers. Experts say there are working exploits for the flaws, and that these critical bugs are already being exploited in the wild.
Automattic’s interim chief financial officer Jeremy Klaperman has left the company less than a month after taking the role, TechCrunch has learned. Sources say his departure followed a demotion back to his previous position, marking another executive e…
After days of upheaval at Automattic, following a failed attempt to remove CEO Matt Mullenweg, the company has a new board.
Jeremy Klaperman, the CFO of the company’s WordPress VIP Enterprise business unit, will act as CFO for the time being.
CFO Mark Davies and legal chief Andy Missan signed each other’s severance agreements while Matt Mullenweg was on leave, providing a year of salary and additional equity vesting if their departures qualify for the benefits.
Automattic’s board is out, days after its members voted to put chief executive Matt Mullenweg on leave, sources tell TechCrunch.
Automattic says Mullenweg is back as “chairman and CEO of Automattic, with full support of the board.”
In a Slack message seen by TechCrunch, Matt Mullenweg told Automattic employees he’s back in control of the company, days after its board put him on leave. Automattic has not yet confirmed the apparent reversal.
Mullenweg said in a company Slack message that it was against his will.