Hacker News with Generative AI: Company News

Restructuring Announcement (automattic.com)
I have had to make difficult decisions to protect Automattic’s long-term future. This post will outline why the changes are happening and the next steps in our organizational restructuring. I wish to be transparent and acknowledge immediately that this will be difficult news to hear. We will do everything to ensure that all Automatticians, those staying and those leaving, are supported.
Elon tells Tesla employees not to sell TSLA stock as board and execs are dumping (electrek.co)
At an all-hands meeting last night, Elon Musk stood before Tesla employees and told them to “hang on to their TSLA stocks” as Tesla board members and top executive are dumping their shares amid a 40% crash.
Source and Binary has ceased operations (rcrowley.org)
Sad news: Well, not news. Sad slightly dated information: Source & Binary has ceased operations. Substrate 2024.08 was the last official release of that software under Source & Binary’s stewardship. Travis and I have jobs. (More on these last two topics in future articles.)
Details of new alignment offer (Automattic) (reddit.com)
New alignment offer: I guess some people were sad they missed the last window. Some have been leaking to the press and ex-employees. That’s water under the bridge. Maybe the last offer needed to be higher. People have said they want a new window, so this is my attempt.
A Message from Intel CEO Pat Gelsinger to Employees (intc.com)
Sourcegraph went dark (eric-fritz.com)
X: We have made the decision to close our operation in Brazil (twitter.com)
End of an Era: A Message from the Founder as We Announce the Closure of AppleVis (applevis.com)
MFJ is ceasing its on-site production (mailchi.mp)
Atlassian co-CEO stepping down after 23 years (twitter.com)