Cloudflare: 1,100 jobs cut
Cloudflare announced the layoff of 1,100 employees, attributing the cuts to a significant increase in AI tool usage by 600% over three months. This move reflects a broader trend in the tech industry where AI is replacing entry-level and mid-level jobs. The announcement was made on May 22, 2026.
Conservative
1,100
Core Estimate
1,100
Upper Bound
1,100
Sources
Money Morning — Stock News & Market Analysis
Trends to Watch Stocks Investing Technology All Posts InsiderNew Trending AI & Robotics| Earnings Season| Market Outlook| Crypto Back to Home # Tech Has Cut 100,000 Jobs in 2026. The Factory Floor Just Had Its Best Month in 4 Years. Money Morning Team May 22, 2026 By The Numbers - 100,000 — Tech workers laid off across the U.S. economy year-to-date through May 2026, approaching the 124,000 total for all of 2025 - 4-year high — U.S. manufacturing activity index in May 2026, driven by inv