CrowdStrike, Responsible For Global IT Outage, To Cut Jobs In AI Efficiency Push 33
CrowdStrike, the cybersecurity firm that became a household name after causing a massive global IT outage last year, has announced it will cut 5% of its workforce in part due to "AI efficiency." From a report: In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike's chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce, would be cut globally, citing AI efficiencies created in the business.
"We're operating in a market and technology inflection point, with AI reshaping every industry, accelerating threats, and evolving customer needs," he said. Kurtz said AI "flattens our hiring curve, and helps us innovate from idea to product faster," adding it "drives efficiencies across both the front and back office. AI is a force multiplier throughout the business," he said. Other reasons for the cuts included market demand for sustained growth and expanding the product offering.
"We're operating in a market and technology inflection point, with AI reshaping every industry, accelerating threats, and evolving customer needs," he said. Kurtz said AI "flattens our hiring curve, and helps us innovate from idea to product faster," adding it "drives efficiencies across both the front and back office. AI is a force multiplier throughout the business," he said. Other reasons for the cuts included market demand for sustained growth and expanding the product offering.
putting the cart before the horse (Score:1)
You have to demonstrate AI efficiency before you can cut staff. If you have good metrics, and I am skeptical that most places do, then you can measure productivity and make the decision to cut staff when it is clear that AI is paying off.
Unfortunately we're at a stage in the hype bubble where companies that are not aggressive with their AI related claims will fair poorly. Companies that don't embrace AI, regardless of the outcomes, are seen as behind the times and doomed to failure. And it's the sort of sce
Re:putting the cart before the horse (Score:5, Insightful)
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Well yea. nobody HAS to do anything. But I assume people don't want to actually run their business into the ground.
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I think you're assuming that they understand to capabilities and problems....and I think that's wrong.
CRWD (Score:5, Informative)
Stock worth more today than even before the outage. I am not sure what that says but it says something.
https://www.marketwatch.com/in... [marketwatch.com] (set to 1Y)
Re:CRWD (Score:4, Insightful)
I am not sure what that says but it says something.
It says "Welcome to the Post-Facts World!"
Re:CRWD (Score:4, Funny)
"There's a sucker born every minute."
Re: (Score:2)
"There's a sucker born every minute."
Just one per minute... PT Barnum was a hell of an optimist.
Re: (Score:3)
I am not sure what that says but it says something.
It says "Welcome to the Post-Facts World!"
As if rationality was ever a bastion of the stock market before now. Wanna buy some tulips or shares in DrKoop.com?
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They only reason they even survived is that there is no liability for software. Otherwise they would be dead. But at least Delta can go ahead with their lawsuit now. So maybe the fuckers will get killed after all, as they richly deserve. And since what they did clearly was negligence that could not have been any more gross, Delta has a pretty good chance of winning.
Move faster, break more (Score:2)
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That's a weird definition of "programmed" when applied to a neural net.
going to cut QA / QC / pear review of code PR's (Score:3)
going to cut QA / QC / pear review of code PR's
Re:going to cut QA / QC / pear review of code PR's (Score:5, Funny)
From observable evidence, they do not have these roles anyways.
"pear review"? Lol, wut? (Score:2)
I think you mean they're going to pare pair review?
Yeah... (Score:3)
Because that's going to make things more reliable...
I'm a software engineer myself. I think it's time to start building my own apps for everything...
Mainstream software is just becoming too unstable at the moment.
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Inded. This state of affairs is pathetic and unsustainable. We urgently need software liability for anything commercial. And, with the raising damage, we will get it. Any other engineering discipline fought tooth and nail against it and they all got it. Software will too.
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Mainstream software is just becoming too unstable at the moment.
And in no few cases, unsafe.
Those cretins again (Score:3)
First, they screw up in the most pathetic and incompetent and destructive way possible and now they want to use "AI"? Anybody that still buys products from these fuckers must be into self-harm ...
"We weren't skynetting hard enough yet" (Score:3)
You know, with the whole website looking like hal 9000, mixing AI stuff with RING 0 drivers, now they want to add AI designing the thing.
Ever have that one useless coworker? (Score:2, Funny)
That's going to be AI now. You're going to be given an AI that doesn't actually work and told that it does and then you're going to have to do double work to account for the fact that the AI doesn't function but they still fired your coworkers to replace them with AI.
And because of the self inflicted recession we're all going into thanks to last November you're not going to have
Re: (Score:2)
Well, Trump, and for at least the last few decades the Republicans, are worse, but the Democrats are no shining light of wisdom, either.
This company... (Score:2)
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AI move (Score:2)
Translation (Score:2)
"We aren't doing so well, and are laying off large number of people. But we'll try to keep investors from running away by telling them we're actually able to reduce headcount by using AI."
Microsoft? (Score:2)
I thought it was Microsoft that caused the outage.
Why do they need an AI for this (Score:2)
Just a simple chat bot that says, "We're sorry we screwed up again. Our engineers are working to unbreak what we broke. Please enjoy this coupon to Ruby Tuesday for $5 off any purchase of $50 or more because we care about you, %_{valued_customer}. Please checkout this link that will give you a 503 error for more details on how to unbreak your systems."
AI effiiciency (Score:2)
We have found that using AI allows us to create outages for only 30% of the cost previously.