Cloudflare Cuts 20% of Workforce in AI-First Restructuring
Cloudflare announced it will cut approximately 20% of its workforce, amounting to over 1,100 jobs, as part of a major restructuring to adopt an "AI-first" operational model. The company aims to prepare for the "agentic AI era" despite investor skepticism and a short-falling revenue forecast.
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Cloudflare To Cut One-Fifth of Workers In Move to AI-First Model - Bloomberg.com
Cloudflare To Cut One-Fifth of Workers In Move to AI-First Model Bloomberg.com
Read full article →Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold.
Cloudflare’s stock falls as cofounders say the layoffs are “not a cost-cutting exercise.”
By William Gavin
Read full article →Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era'
Cloudflare is laying off 1,100 staff as it prepares for "the agentic AI era," the company announced on Thursday. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Cloudflare on Thursday announced layoffs of 1,100 staff as it reorganizes for "the agentic AI era." First-quarter earnings exceeded expectations, but Cloudflare shares dropped over 14% after hours. Read the full memo sent to staff below. Cloudflare is laying off more than 1,100 employees as the cybersecurity c...
Read full article →Cloudflare cuts workforce by 20% in 'AI-first' restructuring
Read full article →Cloudflare to cut about 20% workforce as AI adoption reshapes operations
Internet infrastructure and cybersecurity company Cloudflare plans to cut more than 1,100 jobs globally
By Reuters
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