Firefox's developer Mozilla sack 70 employees
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Mozilla Corporation will axe 70 employees due to sagging revenues. The company's latest products, focusing on paid subscriptions, have taken longer to create and ship than it was originally expected. It has led to some serious effects on the revenues. Revenues from the deals with Google, Yahoo! and others have been falling over the past year. Recently Mozilla reported it has over 1,000 full-time employees.