Your email has been successfully added to our mailing list.

×
0 0 0.00291414481058064 0.00291414481058064 0.00291414481058064 -0.00112082492714632 0 0
Stock impact report

159 employees are leaving Automattic as CEO's fight with WP Engine escalates [TechCrunch]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: TechCrunch
to those who disagreed with his direction of WordPress and his handling of tussle with web hosting provider WP Engine In a blog post , Mullenweg said the package offered $30,000 or six months of salary, whichever is higher, but the employees who took it would not be eligible to be re-hired by Automattic. Nearly 80% of people who took the offer worked in the company's Ecosystem / WordPress division, and the rest were in Automattic's Cosmos businesses, consisting of apps like Pocket Casts, Day One, Tumblr and Cloudup. Mullenweg, who co-created WordPress and is arguably the face of the open-source project , tried to put a positive spin on the announcement, writing that the company “decided to design the most generous buy-out package possible, we called it an Alignment Offer.” “HR added some extra details to sweeten the deal; we wanted to make it as enticing as possible,” he wrote, and later on added: “159 people took the offer, 8.4% of the company, the other 91.6% gave up $126M o Show less Read more
Impact Snapshot
Event Time:
VZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for VZ alerts
Opt-in for
VZ alerts

from News Quantified
Opt-in for
VZ alerts

from News Quantified