business / news / / Republic World
Cloudflare is laying off more than 1,100 employees worldwide.
Cloudflare is laying off over 1,100 employees, citing AI-driven changes to office workflows.
KEY POINTS
- Cloudflare's internal use of AI tools has increased by more than 600 percent in three months.
- The company is redesigning internal systems for the 'AI agent era,' reducing reliance on large traditional teams.
- Despite reporting strong quarterly revenue and profit, Cloudflare’s next-quarter forecast missed expectations, causing share price drops.
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