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Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.
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cnbc.com
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.
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siliconrepublic.com
Cloudflare cuts headcount by 20pc for leaner, AI-powered workforce
Cloudflare previously announced plans to hire more than 1,000 interns to 'ramp up' AI use.
