Cloudflare plans to cut about 20% of its workforce, or more than 1,100 employees, as it restructures around an "agentic AI-first operating model." Reuters reports: Cloudflare CEO Matthew Prince and co-founder Michelle Zatlyn said in a message to employees that the company was reimagining every team and function to operate in what they described as an agentic AI era. Cloudflare said the job cuts reflect a redesign of internal processes and roles, rather than a response to employee performance or short-term cost pressures. The company added that its own use of AI has increased more than sixfold over the past three months, prompting major changes in how teams operate.

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