‘The way we work at Cloudflare has fundamentally changed,’ the tech firm’s co-founders said on the company blog - as they also announced a 34 percent year on year increase in revenue

The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.

Cloudflare previously announced plans to hire more than 1,000 interns to 'ramp up' AI use.