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Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
TECHNOLOGY
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Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes

May 7, 2026·Source: CNBC·3 views

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The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.

This story was originally reported by CNBC. For the complete coverage and latest updates, visit the original source.

Read the full story at CNBC.

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Originally reported by CNBC. Read the original article

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