Tumblr to run on skeleton crew as parent company Automattic absorbs staff

According to a leaked memo, Tumblr’s longterm financial woes have reached a breaking point. Aside from a skeleton crew of essential workers in departments like trust and safety, the majority of Tumblr’s 139 workers will be reassigned to other products at parent company Automattic, which employs around 1,900 people. CEO Matt Mullenweg acknowledged the memo […]

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Tumblr is downscaling after failing to 'turn around' the site

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Tumblr is downscaling after failing to 'turn around' the site

Automattic struggled to boost Tumblr revenues and reduces its