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Cloudflare is cutting 1,100 jobs, saying AI is making roles obsolete despite record revenue

Cloudflare has announced its first mass layoffs, cutting about 1,100 jobs – about 20% of its workforce – as the company says artificial intelligence has made many roles redundant. The internet security giant announced the decision on Thursday alongside record-breaking quarterly earnings, underscoring the growing impact of AI on the global tech workforce. Cloudflare co-founder and CEO Matthew Prince described …