Cloudflare, whose CEO is said to personally send every offer letter company extends, is laying off 1,100 employees; HR memo says: In the last three months, our ...
Cybersecurity giant Cloudflare is laying off over 1,100 employees globally, citing a major reorganization for the 'agentic AI era'.
The company's internal AI usage has surged dramatically, prompting a rethink of its structure to enhance customer value and speed.
Departing staff receive industry-leading severance packages, including pay through 2026 and extended healthcare.
Cloudflare announces major layoffs
- Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high Techcrunch —
- Bloodbath at Silicon Valley giant as CEO’s savage memo to staff emerges NY Post —
- California tech company Cloudflare to lay off more than 1,000 workers, cites AI Los Angeles Times —
- Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes CNBC —
- Cloudflare expects $2.805B-$2.813B 2026 revenue as it shifts to an agentic AI-first model with ~20% workforce reduction Seeking Alpha —