Cloudflare let go 1,100 workers and called it progress

Cloudflare reported first-quarter revenue of $639.8 million Today, a 34% increase from the same period a year earlier and ahead of analyst estimates of $621.9 million. Hours later, the San Francisco internet security and cloud networking company announced it was eliminating more than 1,100 positions, roughly one-fifth of its global workforce. Cloudflare shares fell between […] The post Cloudflare let go 1,100 workers and called it progress appeared first on Rolling Out.

Cloudflare let go 1,100 workers and called it progress

Cloudflare reported first-quarter revenue of $639.8 million Today, a 34% increase from the same period a year earlier and ahead of analyst estimates of $621.9 million. Hours later, the San Francisco internet security and cloud networking company announced it was eliminating more than 1,100 positions, roughly one-fifth of its global workforce. Cloudflare shares fell between […]

The post Cloudflare let go 1,100 workers and called it progress appeared first on Rolling Out.