Comment by jdasdf
2 months ago
Cloudflare has never made a profit.
Is your stance that shareholders should perpetually subsidize it out of the goodness of their hearts?
2 months ago
Cloudflare has never made a profit.
Is your stance that shareholders should perpetually subsidize it out of the goodness of their hearts?
My stance is this: Fine, maybe you need to restructure for profit reasons. If that is the case, then it is also beholden upon the people doing the layoffs to understand their responsibility in that.
In an ideal world, a layoff of this scale would also require a shakeup of the management that let it get this bad in the first place.
What's more, the higher up the chain, the less onerous the layoff for the individual getting laid off.
Why should people who are profitable to employ be laid off as well?
It just sounds like you're upset and want to hurt whoever you feel is responsible for making you upset. That's not a productive stance to have on important topics.
What an odd view of what I said.
I'm not asking for the people who hurt me to be hurt. I am asking that the responsibility of the actions that management layers took be considered in layoffs.
For instance - If overhiring happened, how is this not at least a little bit on the individual that approved of a hiring spree? Why is it that they should be able to yield a baton that hurts the workers they hired, without having to actual bare the brunt of the decisions?
If a business is still unprofitable, a business that touches so much of the internet like Cloudflare, then that is also a strategic failure and should be punished as such.
I feel like your tone in this response was also so condescending.
4 replies →
No, it's more like we have undemocratically elected people in positions of power that want to act like dictatorships when in reality these people made a mistake that is costing the company billions of dollars and their ineptitude means they should be removed from these positions.
I thought Silicon Valley was all about meritocracy? Why should corporate shills that does not know how to profit from entity that controls 25% of internet traffic be allowed to keep their jobs but the actual people providing real value, the workers, aren't?
That is a system that doesn't benefit humanity. It selfishly benefits the few.
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Cloudflare has never made a profit? The thread commentator said the product he maintained was 95% profit.
The comentator either wasn't talking about the company as a whole, or was mistaken.
This is public information. Their financial statements show clearly that they made a loss every single year since the data is available.
https://www.macrotrends.net/stocks/charts/NET/cloudflare/inc...
My orgs products. Others, probably not. There is a lot water they could have targeting and gone after. Starting with Dane's idiotic incomplete messes he left around and declaring them done and leaving people to clean his garbage up
Leadership is terrible and they're out of ideas. AI is going to be the future but it can't even review code properly
Their "no profit" is entire accounting trickery