Cloudflare to cut about 20% workforce as AI adoption reshapes operations (opens in new tab)

Cloudflare said on Thursday it would cut about 20% of its ‌workforce as the company restructures operations around the rapid adoption of artificial intelligence tools, and forecast second-quarter revenue slightly below Wall Street expectations. The internet infrastructure and cybersecurity company plans to cut more than 1,100 jobs globally. ​It had 5,156 full-time employees at the […] The post Cloudflare to cut about 20% workforce as AI adoption reshapes operations appeared first on OODAloop.