TechCrunch
US · 6 hrs ago
✦ 78◉ Centre
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
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Cloudflare announced layoffs of approximately 1,100 employees, with CEO Matthew Prince attributing the cuts to AI-driven efficiency improvements in support roles, despite the company achieving record revenue.
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
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