- cross-posted to:
- hackernews@lemmy.bestiver.se
- cross-posted to:
- hackernews@lemmy.bestiver.se
cross-posted from: https://piefed.world/c/tech/p/1092369/cloudflare-lays-off-1100-people
cross-posted from: https://piefed.world/c/tech/p/1092369/cloudflare-lays-off-1100-people
They’ve been unprofitable for years. This move will probably push them into the black next year. Every company is using AI as an excuse for layoffs when it’s just over hiring.