This was reported by Bloomberg, as reported by Ukrinform.

Mozilla said the move affected about 5% of its staff and that the cuts were mainly in the product development department.

“We are reducing investments in some product areas to focus on areas we believe have the best chance of success. We plan to reprioritize resources on products like Firefox Mobile, where there is a significant opportunity to grow and create a better model for the industry,” Mozilla said in a statement.

The company’s decision was announced a week after the company appointed Laura Chambers as its new CEO. He is the former CEO of Airbnb Inc. and eBay Inc.

Chambers joined Mozilla’s board of directors three years ago.

Mozilla’s former CEO Mitchell Baker has resigned to become chairman of the company’s board of directors.

The last time Mozilla made a significant number of layoffs was four years ago, in the midst of the COVID-19 pandemic.

In addition to the Firefox web browser, Mozilla products include the Thunderbird email software and the Pocket article-saving application.

As reported by Ukrinform, Snap, the American company that owns the social network Snapchat, has announced that it will cut another 10% of its staff worldwide – meaning around 500 employees.