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For years, Cloudflare (NET) became one of the internet’s most important gatekeepers, helping websites load faster, blocking cyber threats, and keeping digital traffic moving behind the scenes. But now, the company finds itself at the center of a very different conversation. And it's one that’s becoming impossible for the tech industry to ignore.
Cloudflare recently posted another quarter of record revenue, yet investors still hit the brakes after the company disclosed its plans for a sweeping workforce reduction linked to its strategic shift toward artificial intelligence (AI). The company announced plans to cut roughly 20% of its workforce, marking its first major layoffs in its 16-year history.
