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Cloudflare Cuts 1,100 Jobs in Shift to AI-First Model

Cloudflare announced it will lay off approximately 1,100 employees, about 20% of its workforce, as it transitions to an "AI-first" operating model. This restructuring is part of a broader strategic shift, with the company also providing updated revenue forecasts.

7 May, 20:47 — 8 May, 16:05
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Sources

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bloombergHigh92d ago

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

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marketwatchMostly Factual92d ago

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

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Business InsiderMostly Factual92d ago

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...

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channel-news-asiaMostly Factual92d ago

Cloudflare to cut over 1,100 jobs

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seeking-alphaMixed91d ago

Cloudflare expects $2.805B-$2.813B 2026 revenue as it shifts to an agentic AI-first model with ~20% workforce reduction

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RapplerMostly Factual92d ago

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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