Live data from Hacker News

Cloudflare to cut about 20% of its workforce

reuters.com

411–420 of 1001 posts

Re: Cloudflare to cut about 20% of its workforce

#411

Earlier quoted context omitted.

Both of those are true assuming the lay offs come from different demographics. You lay off 1100 who are late in their career for younger people who will work more hours for less. You're building the future with new fresh people instead of the "dead weight"

> You lay off 1100 who are late in their career for younger people who will work more hours for less. Yet management always seems to miss the institutional knowledge, and experience, that also walks out the door laying off those 1,100 people 'late in their career'... It's not possible to cram 25 years of experience into two.

[flagged]

Re: Cloudflare to cut about 20% of its workforce

#412

Earlier quoted context omitted.

Very regional as well, Eastern europe is supposedly doing well, western europe (UK/NL) is doing alright, north america seems significantly worse

I've got a couple of friends that left London to go back to Poland during covid. They first continued to work remotely, but ended up switching to Polish companies because the pay was better.

I switched from a Polish company to a German one (both remote), but my pay is more or less the same. The difference is that in Poland to get that money I have to be a "top performer" with a lot of stress and not a lot of time, while in Germany I can be just a mid dev.

Re: Cloudflare to cut about 20% of its workforce

#413
post #239

Earlier quoted context omitted.

Wonder if they'll do it like they did for Brittany Pietsch. She recorded her firing video some years ago. I think it's on tiktok but there are youtube videos discussing it as well. Anyway, new employee at Cloudflare, just finished onboarding. Suddenly a short meeting is scheduled with two people she had never met before. She is told she is let go for "performance" reasons. She kind of tears into them with "what perfo…

HR doesn’t squirm because they are lying. They squirm because they minimize lawsuit surface area as much as possible. I have been on the giving end of performance layoffs in big corps and there is an extremely strict script you have to stick to (both HR rep and me as the manager). I saw the video you’re referring to and it’s completely unsurprising they clam up further when she became confrontational. You’re not gonn…

How is obviously lying about the layoff reason minimizing the lawsuit area? It's ripping it wide open I'd think.

Re: Cloudflare to cut about 20% of its workforce

#414

Earlier quoted context omitted.

*a recession did infact come*

Why is this text not rendered as expected.

If you type 2 asterisks it's rendered as one, it's an escape character mechanism:

This text has one asterisk on each side

*This one has two on each side*

Re: Cloudflare to cut about 20% of its workforce

#415
post #90

Earlier quoted context omitted.

Which part of that sentence was confusing? I found it perfectly clear. Their internal AI use is exploding, which is a signal that they need to structure for that, and so they’re laying people off as one of the first steps towards actioning that signal. Nowhere did they indicate there is less work to do, in fact quite the opposite.

The sentence is not confusing, the sentence doesn't mean anything. There's nothing confusing about it, but there's no information either. "We're making great strides in AI" and "We need to cut 20% of people" are simply two statements without any connection aside from the fact that they are next to each other in the sentence.

Or maybe you don’t understand what it means because you’re not the target audience?

Re: Cloudflare to cut about 20% of its workforce

#416

Earlier quoted context omitted.

Most of the time, management don't even know what they don't know. As a result, entire America lost engineers and builders and now don't even know how to build rails, factories and rockets to moon.

Have you missed that they recently sent a rocket to moon?

That happened in the reverse way. The government fired and underpaid a lot of people at Nasa ... and Musk hired incredibly experienced people, who became experienced on the taxpayers' dime, to build a rocket, for huge payrises.

The biggest but not only example: https://en.wikipedia.org/wiki/Tom_Mueller (yes, lots of subcontractors involved, however, Nasa paid, with a bonus percentage provided by the US military)

Note that Mueller gives the payment situation at TRW, and the fact that he "wasn't appreciated" as a direct reason to go to SpaceX.

What did you think happened? Does anyone actually believe Musk did the technical design for that engine, just because he claims so? Or I should say he constantly claims it, staying slightly away from direct claims to avoid getting caught in lies (well ... getting caught AGAIN).

Re: Cloudflare to cut about 20% of its workforce

#417

Earlier quoted context omitted.

Both of those are true assuming the lay offs come from different demographics. You lay off 1100 who are late in their career for younger people who will work more hours for less. You're building the future with new fresh people instead of the "dead weight"

> You lay off 1100 who are late in their career for younger people who will work more hours for less. Yet management always seems to miss the institutional knowledge, and experience, that also walks out the door laying off those 1,100 people 'late in their career'... It's not possible to cram 25 years of experience into two.

Lately it feels like it's possible. Freshers in their first job are now capable of taking ownership and shipping full stack features in a few weeks. The feedback loop is definitely shortened - noone appreciates the years spent "googling and looking at stackoverflow" anymore, and frankly, they shouldn't be. Experience matters now mostly at the architecture, and decision-making levels, not at implementation.

Re: Cloudflare to cut about 20% of its workforce

#418
post #87

Earlier quoted context omitted.

It went down on poor earnings call. Layoffs were probably an attempt to soften the blow. Hard to tell what was the effect, because the two happened simultaneously

What was bad about the earnings? Every metric I am seeing is beating expectations. Genuinely curious

Most likely poor forward guidance.

Re: Cloudflare to cut about 20% of its workforce

#419

> Cloudflare expects second-quarter revenue of $664 million to $665 million, obviously $2.5e9ish/yr is substantial in absolute terms ... but that's it? They intermediate half the internet and only capture $7m/day?

Businesses tend to choose them because they're cheaper than alternatives.

Re: Cloudflare to cut about 20% of its workforce

#420

Earlier quoted context omitted.

AI is a fraction of cost of an employee though right? I have an 1000$/mo AI budget which is a fraction of my salary, and most people don’t hit their limits.

Sounds like your company is burning 1000 dollars a month for something people are barely using. At some point those costs become unbearable and they admit that absurd AI budget was a mistake, or they admit no mistake and fire people. I know which they'll choose.

$1000 budget doesn't mean you spend $1000 if you use nothing.
Post reply on HN