Cloudflare, whose CEO is said to personally send every offer letter company extends, is laying off 1,100 employees; HR memo says: In the last three months, our ...
TIMESOFINDIA.COM / May 08, 2026, 13:10 (IST)
Cybersecurity giant Cloudflare is laying off over 1,100 employees globally, citing a major reorganization for the 'agentic AI era'. The company's internal AI usage has surged dramatically, prompting a rethink of its structure to enhance customer value and speed. Departing staff receive industry-leading severance packages, including pay through 2026 and extended healthcare.