God dammit, this is like the moment the Titanic first hit the iceberg. No matter how this labor issue is resolved, it will permanently demonize Wikimedia. No matter how valuable Wikipedia is or has ever been, current culture provides no foregiveness or path of redemption after an ethical transgression. Again, dammit, I love Wikipedia and have been donating steadily for years.
Let’s not say never. Because they can course correct but it has to be hard pivot:
immediately recognize the union
in the same statement, provide a path for every other employee to form a union and guarantee that if formation passes, that they will immediately recognize it
commit whatever amount they were going to pay their union busting attorneys plus 25% towards helping other unionizing efforts across the tech industry
provide free legal services for unions at other companies to help them get recognized
The fact that Wikimedia foundation chose profits over people is absolutely disgusting.
You really don’t need to donate to them. Wikipedia has enough money to run itself indefinitely. The foundation just keeps growing and wasting money on non-Wikipedia stuff.
As of June 30th, 2025 (this years report is pending), Wikimedia has $213 million invested in corporate bonds, stocks, mutual funds, mortgage-based and US Treasury securities. This is about a $30 million uptick from 2024:
Meanwhile, their actual hosting expenses sit at $3,5 million. Should they cut benefits and grants, they can last indefinitely on their assets appreciation alone.
Wow. So Wikimedia is really just a small hedge fund that happens to run the servers for an encyclopedia on the side. I had a hunch they spent a lot more on other non-wikipedia stuff, but for hosting to cost almost 2% of what they invest is eye opening. And makes it all the more petty that they can’t pay their labor. Especially since so much labor is in fact volunteer work.
Yeah I’m probably never donating again after this. Why even bother arguing with the current US administration when the foundation is just going to copy all the bullshit the administration is pushing anyway…like, congratulations now literally everybody is pissed at your service.
God dammit, this is like the moment the Titanic first hit the iceberg. No matter how this labor issue is resolved, it will permanently demonize Wikimedia. No matter how valuable Wikipedia is or has ever been, current culture provides no foregiveness or path of redemption after an ethical transgression. Again, dammit, I love Wikipedia and have been donating steadily for years.
Let’s not say never. Because they can course correct but it has to be hard pivot:
The fact that Wikimedia foundation chose profits over people is absolutely disgusting.
You really don’t need to donate to them. Wikipedia has enough money to run itself indefinitely. The foundation just keeps growing and wasting money on non-Wikipedia stuff.
Curious, what does Wikimedia actually invest in besides Wikipedia? It’s still a non-profit, right?
As of June 30th, 2025 (this years report is pending), Wikimedia has $213 million invested in corporate bonds, stocks, mutual funds, mortgage-based and US Treasury securities. This is about a $30 million uptick from 2024:
https://upload.wikimedia.org/wikipedia/foundation/3/3f/Wikimedia_Foundation_FY_24-25_Audit_Report.pdf
Meanwhile, their actual hosting expenses sit at $3,5 million. Should they cut benefits and grants, they can last indefinitely on their assets appreciation alone.
Wow. So Wikimedia is really just a small hedge fund that happens to run the servers for an encyclopedia on the side. I had a hunch they spent a lot more on other non-wikipedia stuff, but for hosting to cost almost 2% of what they invest is eye opening. And makes it all the more petty that they can’t pay their labor. Especially since so much labor is in fact volunteer work.
Yeah I’m probably never donating again after this. Why even bother arguing with the current US administration when the foundation is just going to copy all the bullshit the administration is pushing anyway…like, congratulations now literally everybody is pissed at your service.