Cloudflare layoffs: After firing 20% staff, CEO Matthew Prince explains in op-ed on ‘how to decide which employees AI should replace’
Cloudflare layoffs: Cloudflare has laid off over 1,100 employees, nearly 20% of its workforce, despite record revenue growth. CEO Matthew Prince explained the cuts target 'measurers' whose roles are being automated by AI, allowing investment in 'builders' and 'sellers'. The company is restructuring around AI-driven operations, offering generous severance packages.