Why Tumblr is excessively downsizing staff?
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A leaked internal communication from Tumblr's parent company, Automattic, has disclosed most of its 139 employees will be reassigned to different projects within the organization. Automattic CEO Matt Mullenweg said "the majority" of Tumblr's non-support, safety, and moderation staffers would shift to "other divisions." Despite boasting 135 million monthly active users, the platform seemingly hasn't met anticipated revenue and growth targets.