MariaDB Cuts Workforce And Drops Products
Written by Kay Ewbank   
Thursday, 19 October 2023

MariaDB is reducing its workforce by 28% and dropping its SkySQL and Xpand products.

The announcement was made in a notice from the US Securities and Exchange Commission; MariaDB is a publicly quoted company so needed to announce the changes to comply with the Securities Exchange Act.


The announcement says MariaDB has begun implementing its board-approved restructuring plan:

"to better align its workforce with the needs of its business and to reduce the Company’s operating costs."

The restructuring will see 84 people fewer people at the company. This follows earlier job cut announcements in April when announced job cuts with 26 people out of a total workforce of 340 losing their jobs to cut costs. This news was followed by a warning that in a worst case scenario the company wouldn't have enough money to meet its ongoing financial needs. That pessimism looks to have been correct.

Following the announcement in April, a Swedish venture capital company loaned MariaDB $26.5 million at an interest rate of 10%. MariaDB says this loan will be used to pay off an earlier loan. Meanwhile, a different venture capital company that owns some MariaDB stock has made an unsolicited bid for the remaining shares it doesn’t own.

Alongside the financial announcements, the company also announced it would cease developing and selling SkySQL and Xpand, two of its more recent products. Instead, the company will focus on its core MariaDB Enterprise Server product which MariaDB has implemented for customers of SkySQL and Xpand to migrate away from those products. SkySQL was released in 2020 as a fully managed database-as-a-service, while MariaDB Xpand is a distributed SQL database that the company describe as scaling efficiently for modern massive-workload web applications that require strong consistency and data.

The news of the job cuts and dropped products follows a recent announcement by Microsoft that it is dropping support for MariaDB on its Azure database services, replacing it with a free tier for the preview of Azure SQL database. company founder Monty Widenius has been much less visible at since Michael Howard took over as CEO, to the extent that there are rumors that he and the team of original developers have left the company. Widenius left the board in 2022.


More Information

MariaDB Site

Announcement From Securities And Exchange Commission

Related Articles

Azure Drops MariaDB Support, Adds Free SQL DB

MariaDB Offers Observability To Community Version

MariaDB Moves Into GeoSpatial Space

MariaDB SkySQL Improves AWS Support

MariaDB 10.4 Reaches Release Candidate Status

MariaDB Announces New Enterprise Server

To be informed about new articles on I Programmer, sign up for our weekly newsletter, subscribe to the RSS feed and follow us on Twitter, Facebook or Linkedin.


Redis Changes License, Rival Fork Launched

The developers of Redis have announced that they are changing the licensing model for the database. From now on, all future versions of Redis will be released with source-available licenses rather tha [ ... ]

Angular and Wiz To Merge

Two web development frameworks used at Google are merging. One, Angular is open source and widely known, while the other, Wiz, is an internal web framework developed and used by Google for some o [ ... ]

More News

raspberry pi books



or email your comment to:

Last Updated ( Thursday, 19 October 2023 )