Tbh. Cloudflare is transparant with these kind of cases, they don't do "scape goating". When everyone in tech was firing, they didn't.
When an employee made a mistake, Cloudflare refused to name the person and said it was a mistake of the organisation ( was looking for the article, but couldn't find it).
During the last years ( lot's of companies fired lots employees because of rising interest, overhiring during Covid, ... ).
Contrary: The only time they fired employees in a larger quantity, was in Q2 2023 for the sales department, regarding underperformers ( performing 1/5th of the average). This was described here based on the earnings call: https://softwarestackinvesting.com/cloudflare-net-q2-2023-ea... and it's about 100 employees ( on > 3300), where they tried to re-hire others ( who got fired elsewhere because of the raised interests of the FED).