Cloudflare Layoffs: Company to Cut 1,100 Jobs as CEO Matthew Prince Says AI-Driven Restructuring, Not Weak Business, is Behind Workforce Reduction Despite Strong Q1 Earnings
Cloudflare stock fell 23% after the company announced plans to cut more than 1,100 jobs under an AI-focused restructuring plan. The company also issued a second-quarter revenue forecast slightly below ...
Cloudflare has laid off over 1,100 employees globally as the cybersecurity company restructures operations around AI agents and automation, calling the move a strategic shift toward the emerging “agen ...