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Business & StartupsAI News & Artificial Intelligence | TechCrunch · May 8, 2026

Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare recently conducted its first major layoff, attributing 1,100 job eliminations to increased AI efficiency. CEO Matthew Prince stated that AI advancements have reduced the need for numerous support roles within the company. This move comes despite Cloudflare achieving record-high revenues.

Author: Morein.ai Editorial

Cloudflare recently conducted its first major layoff, attributing 1,100 job eliminations to increased AI efficiency. CEO Matthew Prince stated that AI advancements have reduced the need for numerous support roles within the company. This move comes despite Cloudflare achieving record-high revenues.

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