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Cloudflare to cut about 20% of its workforce

reuters.com

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Re: Cloudflare to cut about 20% of its workforce

#192
post #7

Welp, looks like I’m affected. If anyone is looking to hire a systems engineer with distributed systems and load balancing experience, shoot me an email at @piperswe.me :/ I’ll update this with a resume link tonight…

CV link: https://piperswe.me/cv.pdf

Firstly, kind sir, layoffs are hard for each and everyone of us and I wish you best as you navigate it. I know you will get many wishes and good lucks though but consider my wishes to be one of many to help ya out.

The who wants to be hired page is still open within Hackernews: https://news.ycombinator.com/item?id=47975570

I recommend if you can share your CV/send a message there, I will try to also keep an eye on it if you do share your CV/resume there and I would love to upvote your comment there to shower some more exposure/love from the community as you are member of hackernews. You are also part of the hackernews community and its the least that I/we can do.

:hug:

Re: Cloudflare to cut about 20% of its workforce

#193
post #113

My read of this: Their AI costs have increased 600% but this hasn't translated into actual revenue. Also they are probably projecting AI costs to keep growing. They've done the math and at some point it is going to affect their bottom line. Reducing or limiting AI usage would be inconceivable given Cloudflare itself has invested on AI and is selling AI services. Instead they've opted for reducing about 20% of their h…

I don't think so. I think this is a common narrative in Hackernews when layoff news are shared. All the people I talk to in the industry positively confirm a boost in productivity. Its contribution to actual revenue could lag but it is present and confirmed by many.

It has boosted my productivity in my side projects but its nothing I can monetize. Maybe companies have the same problem.

Re: Cloudflare to cut about 20% of its workforce

#195

Clearly if AI were the productivity booster that we're told it is, you'd see hiring into it, not firing. Though I guess on the call Prince did say he expect end '27 to have more employees than for any of '26. Anyway.

I don't think productivity boosters lead to net hiring or firing, but I do think they lead to higher wages.

Re: Cloudflare to cut about 20% of its workforce

#196

IDGI. How is a company that owns a bunch of infrastructure you almost have to use to put your service on the internet not more profitable such that they have to do layoffs?

Unlike the other hyperscalers, they don't attempt to wring every last dollar from their customers' wallets.

Re: Cloudflare to cut about 20% of its workforce

#198

There was an recent article on X with an interesting take - it could be that companies are doing layoffs not because AI is making them more productive but because it hasn't . Their costs have gone up paying for expensive AI but haven't seen any revenue benefits to offset it. Article https://x.com/championswimmer/status/2051807284691612099

[deleted]

Re: Cloudflare to cut about 20% of its workforce

#199

There was an recent article on X with an interesting take - it could be that companies are doing layoffs not because AI is making them more productive but because it hasn't . Their costs have gone up paying for expensive AI but haven't seen any revenue benefits to offset it. Article https://x.com/championswimmer/status/2051807284691612099

This genuinely wouldn't surprise me, and I need to go back to looking at balance sheets to see if I can sus out the validity of that narrative. As AI subsidization ends prematurely and costs skyrocket, we should expect to see those costs reflected in the operation statements of major customers. Since I had Coinbase up for review already, I decided to peek there first for any sort of correlation. In 2023, their "Techn…

Ironically an analysis that Codex or Claude Code might be able to perform
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