[AI]■ STORY TIMELINE
CLOUDFLARE CUTS 1,100 JOBS AS AI BOOSTS REVENUE
Cloudflare announced its first major layoff, eliminating 1,100 positions primarily in support roles due to AI-driven efficiency gains. The cuts came as the company reported record revenue.
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CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company d…