Cloudflare, whose CEO personally sends offer letter, is cutting 1,100 roles

Cybersecurity giant Cloudflare is laying off over 1,100 employees globally, citing a major reorganization for the 'agentic AI era'. The company's internal AI usage has surged dramatically, prompting a rethink of its structure to enhance customer value and speed. Departing staff receive industry-leading severance packages, including pay through 2026 and extended healthcare.