Cloudflare Slashes 20% of Workforce in Shift to AI-Driven Operations

Cloudflare (NYSE: NET), a leading cloud services provider, announced a sweeping reduction of its global workforce, cutting approximately 20%, or over 1,100 employees, as part of a strategic pivot to an AI-driven operating model. The layoffs, detailed by CEO Matthew Prince and CFO Michelle Zatlyn, are not tied to individual performance but reflect a broader […] The post Cloudflare Slashes 20% of Workforce in Shift to AI-Driven Operations appeared first on the deep dive.