477
Cloudflare to fire 1,100 staff whose jobs just aren’t AI enough
(www.theregister.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 May 2026
477 points (100.0% liked)
Technology
84769 readers
3257 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
Uhh... All shareholders get wealthier when the stock price goes up, there's no magic mechanism where it's only majority shareholders.
Obviously majority shareholders will make even more, but they all profit from it. I'm not even American and my retirement fund jumped up decently from the S&P 500 going up. Though now I've exited from the US ETFs completely. Only Europe and Asia now.
Pennies or a few hundred vs millions was the point.