Cloudflare announces approximately 20% layoffs to restructure operations around AI tool applications.
ChainCatcher news, according to Reuters, US cybersecurity service company Cloudflare announced it will lay off about 20%, which is more than 1,100 employees, as part of an operational restructuring focused on AI tool application. CEO Matthew Prince stated that the company is redesigning every team and role to adapt to the era of agent-based AI.
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