Cloudflare

Cloudflare laid off 1,100 employees representing approximately 20% of its workforce on 2026-05-07. The company is at the Post-IPO funding stage and operates in the Security sector.

Cloudflare, a major internet infrastructure and cybersecurity company, laid off approximately 40 employees in late 2024. This represented a small fraction of its global workforce, which numbered over 3,800 at the time. The decision was part of a strategic restructuring to streamline operations and reallocate resources toward its highest-priority product areas, particularly artificial intelligence and security. The move reflects ongoing adjustments within the competitive tech industry as companies focus on core growth initiatives.