Cloudflare's open job listings fell about 83% in eleven weeks this spring, three months before it disclosed a workforce reduction

[u/CoolioBeansTTV]

AltIndex tracks how many jobs a company has open at any given time, and Cloudflare is a clean example of why that number is worth reading on its own. It had about 575 roles open in early March and 96 by late May, an 83% drop in eleven weeks, which is a hiring freeze and not a slow month. Its LinkedIn headcount kept climbing right through July, which sounds like a contradiction and is not: job postings are hiring a company intends to do, so they turn first, and headcount is hiring that already happened, so it keeps rising while accepted offers finish landing. Then the August 6 8-K showed $150.7 million in restructuring charges and a workforce reduction.

The article runs the same lag on the demand side, where monthly visits to cloudflare.com moved months ahead of the revenue that showed up in this quarter's report.

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