AI News
Cloudflare cuts 1,100 jobs, citing AI productivity gains, even as revenue hits record high
Cloudflare on Thursday announced it would cut approximately 1,100 jobs, or 20% of its workforce, marking the first mass layoff in the company’s 16-year history. The decision came even as the internet security and performance company reported record quarterly revenue of $639.8 million, a 34% year-over-year increase. The layoffs, which affect teams across all geographies […]
