{"id":1010458,"date":"2026-05-28T09:12:04","date_gmt":"2026-05-28T03:42:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010458"},"modified":"2026-05-28T09:24:17","modified_gmt":"2026-05-28T03:54:17","slug":"reduce-employees-to-a-label-then-lay-off-1100-billionaire-trump-donor-blasts-cloudflare-ceos-memo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/28\/reduce-employees-to-a-label-then-lay-off-1100-billionaire-trump-donor-blasts-cloudflare-ceos-memo\/","title":{"rendered":"\u2018Reduce employees to a label, then lay off 1,100\u2019: Billionaire Trump donor blasts Cloudflare CEO\u2019s memo"},"content":{"rendered":"<p>Billionaire American venture capitalist and entrepreneur Chamath Palihapitiya didn\u2019t mince words, ripping into Cloudflare CEO Matthew Prince\u2019s layoff memo, which explained the rationale behind firing 1,100 employees. <\/p>\n<p>The California-based technology company\u2019s recent round of layoffs reduced its global workforce by 20%. As Palihapitiya sees it, the US company\u2019s CEO went on to \u201creduce\u201d employees to a \u201clabel\u201d in his subsequent memo release, as if the job cuts announcement wasn\u2019t already devastating enough.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire American venture capitalist and entrepreneur Chamath Palihapitiya didn\u2019t mince words, ripping into Cloudflare CEO Matthew Prince\u2019s layoff memo, which explained the rationale behind firing 1,100 employees. The California-based technology company\u2019s recent round of layoffs reduced its global workforce by 20%. As Palihapitiya sees it, the US company\u2019s CEO went on to \u201creduce\u201d employees to a \u201clabel\u201d in his subsequent memo release, as if the job cuts announcement wasn\u2019t already devastating enough.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1010458","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1010458"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010458\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}