This is apparently an internal Automattic memo making the rounds on Tumblr, indicating that they’ve failed to get Tumblr activity/revenue up since its 2019 acquisition and it will now be maintained by a skeleton crew of Trust & Safety and support folks, with the majority of its 139 employees moving to other projects inside Automattic.
Sad but predictable. Ever since Automattic bought Tumblr I tried getting back into it but the fun is gone