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Cloudflare CEO Prince says builders and sellers are safe but AI is coming for the measurers

Cloudflare CEO Matthew Prince laid off more than 20% of the workforce despite record revenue, claiming AI is replacing middle management and compliance roles. But the company offers no hard evidence. Falling margins and a headcount surge of 40% in two years point to a classic efficiency program.

SourceThe DecoderAuthor: Matthias Bastian

Cloudflare CEO Matthew Prince laid off more than 20 percent of the workforce despite record revenue, claiming AI is replacing middle management and compliance roles. But the company offers no hard evidence for that. Falling margins and a headcount that surged 40 percent in two years point to a classic efficiency program wrapped in AI branding.

The article Cloudflare CEO Prince says builders and sellers are safe but AI is coming for the measurers appeared first on The Decoder.