Cloudflare · Wall Street · ChatGPT · Fortune Technology
CEO Matthew Prince confirms AI has made an entire category of workers obsolete
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The prospect of AI-related layoffs has been the talk of Silicon Valley and Wall Street since ChatGPT launched its first AI model in late 2022.
Key facts
- Cloudflare is a San Francisco–headquartered connectivity cloud and internet security company with more than 5,000 employees as of 2025, operating on a hybrid model that combines remote and on-site
- The prospect of AI-related layoffs has been the talk of Silicon Valley and Wall Street since ChatGPT launched its first AI model in late 2022
- In a Wall Street Journal op-ed published Wednesday, Cloudflare CEO Matthew Prince laid out his logic
- Still, Prince said the tech firm slashed 20% of its workforce earlier this month, with middle management facing the brunt of the cuts
Summary
In a Wall Street Journal op-ed published Wednesday, Cloudflare CEO Matthew Prince laid out his logic. “The vast majority of those we laid off last week were measurers,” he wrote. Cloudflare is a San Francisco–headquartered connectivity cloud and internet security company with more than 5,000 employees as of 2025, operating on a hybrid model that combines remote and on-site work across 13 global offices. AI-related layoffs are becoming a staple of the tech world.