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Cloudflare’s surprise layoff of 1,100 employees in an AI-driven restructuring is causing market concerns, despite meeting Q1 revenue forecasts.
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Truecaller slashes 70 jobs after ad revenue drops 44% in 2026. The move signals deeper issues in mobile ad tech despite user growth. Details here.
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Cloudflare’s stock price plummets 18% after the company announces a 20% workforce reduction due to AI-driven changes, highlighting the challenges of adapting to emerging technologies.
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