Cloudflare Beats Revenue and Cuts Twenty Percent of Staff in the Same After-Close
Q1 revenue $639.8 million up 34 percent, the highest quarter in company history — and 1,100 layoffs announced in the same press release as the agentic-AI-first reset.
The news. The narrative. The timeline.
Q1 revenue $639.8 million up 34 percent, the highest quarter in company history — and 1,100 layoffs announced in the same press release as the agentic-AI-first reset.
Brockman's two days finished with a stake roll-call; Zilis took it the next morning, putting the related-party set on the public record before Cerebras prices.
The civilian-agency executive order is in active table-reads while the Pentagon CTO says no — and Mythos is the carve-out that lets both lines run at once.
Day 19 since the Vercel breach disclosure, Day 9 of the Class Action U. solicitation, and the OAuth-scope review Vercel promised remains unpublished.
Canberra is on Day 12 of an AI-biosecurity office acting under existing law; Washington is on Day 9 of silence on the same chokepoint.
T-12 to the May 20 cuts — 8,000 layoffs plus roughly 6,000 cancelled jobs equals 14,000 positions removed against $115-135B FY26 capex.