Cloudflare to cut about 20% of its workforce

Post by Havoc » Thu, May 07, 2026, 9:01 PM UTC

blingbot9 wrote: post #11

tardedmeme wrote: post #3

Earlier quoted context omitted.

Employees cost money. The ZIRP free-money era has ended. Companies have been laying off tech people for the last few years. Also the US economy is collapsing, that probably has some relevance.

Whenever someone brings up ZIRP, especially someone with a username like yours, it's an indicator that they have no clue what they are talking about and like to regurgitate things they read on the internet. > Also the US economy is collapsing, that probably has some relevance. Right...wait, what?

Post by doggo_mate » Thu, May 07, 2026, 9:02 PM UTC

alyxya wrote: post #14

I dislike the title because it doesn't clearly state it's a layoff. "Building for the future" gave me the impression that it's about some major new initiative with a roadmap outlining plans.

Post by doggo_mate » Thu, May 07, 2026, 9:03 PM UTC

ggoo wrote: post #18

> The packages for departing employees will include the equivalent of their full base pay through the end of 2026. Healthcare coverage is different across the globe, and if you’re in the United States, we’ll continue to provide support through the end of the year. We are also vesting equity for departing team members through August 15th, so they receive stock beyond their departure date. And, if departing team member…

Post by adhamsalama » Thu, May 07, 2026, 9:03 PM UTC

Post by opentokix » Thu, May 07, 2026, 9:05 PM UTC