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

• 📉 Cloudflare has officially announced its first-ever large-scale layoff, marking a significant shift in the company's workforce strategy.
• 🤖 CEO Matthew Prince cited major efficiency gains from artificial intelligence as the primary driver behind the staff reductions.
• 🛠️ The layoffs are specifically targeting support roles that the company determines are no longer necessary due to AI automation.