Cloudflare posted record revenue, then cut 20% of its workforce. CEO Matthew Prince says AI has made an entire category of workers obsolete

Corroborated by 2 sources from 2 publishers

globalbusiness1d ago

TL;DR

The prospect of AI-related layoffs has been the talk of Silicon Valley and Wall Street since ChatGPT launched its first AI model in late 2022 Cloudflare posted record revenue, then cut 20% of its workforce.

Sources