Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era'
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Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era'
"Cloudflare's use of AI has surged by more than 600% in the last three months alone, necessitating a rethink of the company's structure to better serve customers."
"Employees across Cloudflare run thousands of AI agent sessions each day to get their work done, highlighting the company's reliance on AI."
Cloudflare announced layoffs of 1,100 staff as it reorganizes for the AI era. First-quarter earnings were above expectations, but shares dropped sharply. The company claims AI usage has increased by over 600% in three months, necessitating a new organizational structure to better serve customers.
Read at www.businessinsider.com
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