Not at all bad to pay salaries but stock comp is used to tie pay to performance. Can't really do that if you've committed to paying a colossal salary.

Which is why Mozilla exec leadership is still in place after a decade of losing market share to Chrome and flailing about trying to find a business model that works. Firing 25% of your company is a huge sign you fucked up. No shareholders, and only vague accountability to stakeholders. Moz Foundation board should fire her, though since she's chairman she has absolutely zero oversight.