Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
The story
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.
From the source
The first StrictlyVC of 2026 hits SF on April 30. Tickets are going fast. Register now.
Image Credits: TechCrunch AI Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high Julie Bort 11:33 AM PDT · May 8, 2026 Cloudflare on Thursday joined a growing list of tech companies including Meta, Microsoft, and Amazon that have reported increased revenue alongside massive layoffs, attributing both trends to their use of AI.
Cloudflare, which provides internet security and performance services to millions of websites worldwide, announced it was cutting its workforce by approximately 20%, which equates to 1,100 people, it said as part of its first quarter 2026 earnings report on Thursday.
Who and what
Key names and topics in this story: Cloudflare.
Where to follow next
- Read the full piece at techcrunch.com
- More from our AI & prompts coverage
Related stories
How to Build a Single-Cell RNA-seq Analysis Pipeline with Scanpy for PBMC Clustering, Annotation, and Trajectory Discovery
In this tutorial, we perform an advanced single-cell RNA-seq analysis workflow using Scanpy on the PBMC-3k benchmark dataset. We start by loading the dataset, inspecting its structure, and applying quality control checks to evaluate gene counts, total counts, mitochondrial conten
EMO: Pretraining mixture of experts for emergent modularity
A Blog post by Ai2 on Hugging Face
Meet GitHub Spec-Kit: An Open Source Toolkit for Spec-Driven Development with AI Coding Agents
If you have spent time using AI coding agents — GitHub Copilot, Claude Code, Gemini CLI — you have probably run into this situation: you describe what you want, the agent generates a block of code that looks correct, compiles, and then subtly misses the actual intent. This vibe-c
Musk v. Altman week 2: OpenAI fires back, and Shivon Zilis reveals that Musk tried to poach Sam Altman
In the second week of the landmark trial between Elon Musk and OpenAI, Musk’s motivations for bringing the suit were under scrutiny. Last week, Musk took the stand, alleging that OpenAI CEO Sam Altman and president Greg Brockman had deceived him into donating $38 million to the c