Cloudflare, an American company operating in internet infrastructure and cybersecurity, has announced it will cut nearly 20% of its workforce as it adapts its business model to artificial intelligence. This decision, affecting over 1,100 employees worldwide, is part of the company's strategy to adapt to the requirements of a new era. This is reported by Ixbt.com .
Company management explained this move not by employee performance, but by the introduction of AI agents capable of automating complex workflows. The use of AI tools in Cloudflare's internal systems has increased more than sixfold over the last three months, fundamentally changing the business structure.
Following the release of financial reports, the company's shares fell by 19% in stock trading. Although first-quarter results exceeded analyst expectations, revenue forecasts for the second quarter caused some concern among investors.
This situation reflects a general trend in the global technology market. Major companies like Block are also significantly reducing their headcount to integrate AI. Goldman Sachs analysts note that the labor market is undergoing serious changes due to AI, with thousands of jobs being cut every month.
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