
Automattic begins layoffs following board upheaval and executive departures
Sources say more cuts could follow as the company looks to improve its finances.
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Sources say more cuts could follow as the company looks to improve its finances.
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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 exit amid the organization's leadership turmoil.
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Automattic has a new board weeks after its previous directors tried, and failed, to oust CEO Matt Mullenweg.
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Jeremy Klaperman, CFO of the company's WordPress VIP Enterprise business unit, will serve as CFO for the time being.
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Automattic's board is out, days after its members voted to put chief executive Matt Mullenweg on leave, sources tell TechCrunch.
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In a Slack message seen by TechCrunch, Matt Mullenweg told Automattic employees he is back in control of the company, days after its board put him on leave. Automattic has not yet confirmed the apparent reversal.
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