Cloudflare outage rattles the Net again as major sites go dark; San Francisco-based Cloudflare Inc. runs DDoS protection, DNS, and edge services.
Cloudflare has announced a sweeping restructuring, cutting about one-fifth of its global workforce after reporting Q1 revenue of $639.8 million, up 34% year over year. Co-founders say AI adoption has surged internally, prompting a plan to reimagine all internal processes. Departing employees will receive extended severance and benefits through 2026.