Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
- Posted on May 7, 2026
- By Google News
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- 1 min read
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.
