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Cloudflare cuts 1,100 jobs despite record revenue

Cloudflare recently announced one of the biggest workforce cuts in its history, saying advances in artificial intelligence have made around 1,100 jobs obsolete even as the company reported record quarterly revenue growth. The internet infrastructure and cybersecurity company said it is reducing its workforce by nearly 20 per cent, affecting employees across multiple teams and regions. The layoffs come despite Cloudflare posting its highest-ever quarterly revenue of $639.8 million in the first quarter of 2026, marking a 34 per cent year-on-year increase.Cloudflare employees are now using AI across engineering, human resources, finance, marketing, and other departments. The company says its use of AI has increased by more than 600 per cent in the last three months alone. Do you think that AI will make the whole world desperate ?

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