
A Great Disturbance in the Force I Sense
Hmm CrowdStrike a maker of cyber security software it is. Laying off 500 employees they are. 5% of their workforce gone. "Always two there are no more no less. A master and an apprentice." But 500 jobs? Many apprentices this is! CEO George Kurtz he says AI the reason is. "AI has always been foundational to how we operate," he says. Hmmm a shortcut to the dark side this could be.
AI a Path to Efficiency or the Dark Side?
"AI flattens our hiring curve," Kurtz says. "Helps us innovate from idea to product faster." Streamlines go to market improves customer outcomes drives efficiencies. A force multiplier AI is. But careful we must be. Fear is a path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering. And layoffs! Remember that you must.
Other Companies Follow A Trend This Is
Box Duolingo Shopify too. Using AI they are. Across departments adoption they encourage. CrowdStrike reaffirms its forecast it does. Still hiring in 'key strategic areas,' they say. But layoffs they are doing yes. A contradiction it is.
The Stock Market Reacts Down It Goes
Down 5% the stock went yes. $421.52 the closing price. A volatile market it is. Aiming for $10 billion in revenue CrowdStrike is. Expanding its organizations they are. Revenue increased by 25% they reported. But a net loss they had! Hmm careful we must be.
Realignment or Cost Cutting? Difficult to See Always in Motion is the Future
"Realigning parts of our business," Kurtz says. To scale with focus and discipline. Layoffs largely to AI they attribute. But economic uncertainty a factor it is. Autodesk Hewlett Packard Enterprise too. Layoffs announced they have. Before tariffs announced this was.
The Future Uncertain It Is
Layoffs by the end of the fiscal second quarter they should be. $36 million to $53 million in charges expect they do. Up 23% this year the stock is. Outperforming the Nasdaq it is. But a long way to go there is. "Do. Or do not. There is no try."
faby2k
This is just the beginning. AI will change everything.
golfgirl
This is no good. This is not the way.
kvklay
I work there. Can you guys share your insight on what to do in these trying times?
roguelilly
The force is strong with this AI, but can it truly replace human creativity?