Comment by louiereederson
15 hours ago
I think as someone pointed out earlier, this is more likely about margin preservation as their gross margins are deteriorating really quickly.
15 hours ago
I think as someone pointed out earlier, this is more likely about margin preservation as their gross margins are deteriorating really quickly.
Yeah, I wrote this before I dove into their balance sheets for another comment. Cloudflare’s cuts are more defensible than most, but the timing and explanation are shady given that they’ve had the same problems for years.