💻 ** Cloudflare cuts 20% of its jobs due to AI, and its stock takes a 19% spill — 1,100 jobs disappearing as company increased usage of AI sixfold over past months **

Cloudflare cuts 20% of its jobs due to AI, and its stock takes a 19% spill. The company announced it will be cutting 1,100 jobs and has increased its usage of AI sixfold over the past few months.

🔗 https://www.tomshardware.com/tech-industry/big-tech/cloudflare-cuts-20-percent-of-its-jobs-due-to-ai-and-its-stock-takes-a-19-percent-spill-1-100-jobs-disappearing-as-company-increased-usage-of-ai-sixfold-over-past-months

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