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Cloudflare is cutting eleven hundred jobs, and the company isn't being subtle about why. CEO Matthew Prince and President Michelle Zatlyn framed the layoffs as "building for the future," a future they've made clear is shaped by artificial intelligence. Critics were quick to call the messaging Orwellian, and it's hard to argue otherwise when the subtext is this plain.
That story connects neatly to a broader conversation happening across the industry. A tweet making the rounds puts it bluntly: the layoffs will continue until workers learn to use AI. It's a provocation, but it's landing because it reflects what a lot of employees are quietly being told in performance reviews and all-hands meetings right now.
On a different front, panelists at Consensus Miami were candid about why institutional money still isn't flowing into decentralized perpetual exchanges. Security concerns and the friction around know-your-customer requirements remain the two walls that builders in this space simply haven't found a way over yet, and until they do, the big players are staying on the sidelines.
That's where things stand today. Keep surfing. Tech Beat out.
