Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
2026-05-08 · TechCrunch
Cloudflare axed 1,100 jobs because AI made them 'obsolete' — while simultaneously posting record revenue. CEO Matthew Prince cheerfully explained that AI efficiency gains mean fewer humans are needed for support roles. Nothing says 'we value our people' like firing them during your best quarter ever because a chatbot can do their job now.