Cloudflare lays off 1100 employees, CEO who claims he personally sent offer letter to all staff; says: We didn’t cut jobs because Cloudflare is struggling; but ...
Cloudflare is laying off over 1,100 employees, about 20% of its workforce, to restructure around AI adoption. CEO Matthew Prince explained the cuts target 'measurers' – roles like middle management and operations – as AI enhances efficiency. He believes AI will boost productivity for 'builders' and 'sellers', allowing greater investment in growth areas.
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