people · May 16, 2026
Cloudflare Reduces Workforce by 1,100 Positions Amid AI Productivity Gains
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Cloudflare announced plans to cut more than 1,100 employees worldwide on the same day it reported Q1 2026 revenue of $639.8 million. The company expects to incur $140 million to $150 million in charges from the reduction. Cloudflare co-founder and CEO Matthew Prince stated the layoffs align the company with AI-driven workflows. Cloudflare co-founder and CEO Matthew Prince emphasized empathy in treatment of departing employees during the agentic AI era transition.
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