Cloudflare Cut 20% of Its Workforce After Record Revenue, and the Bench Player Is the Casualty
Cloudflare's CEO said AI made employees 100x more productive and laid off 20% of the company. The structural shift is the end of the bench player, the institutional-knowledge backup hire that companies kept as insurance. Jevons' Paradox suggests efficiency gains will expand the scope of justifiable software, not shrink the workforce.