After reducing its total staff by 1,100 jobs in May, Cloudflare’s engineering team experienced a significant growth of 45 percent, increasing from 1,308 to 1,894 members. This trend was identified through BNP Paribas data based on LinkedIn profiles and confirmed by CEO Matthew Prince. Despite an overall workforce reduction of 20 percent, the company’s focus on strengthening its engineering capabilities suggests a strategic shift. The CEO also indicated that this pattern of downsizing combined with targeted engineering growth is likely to occur across the industry.
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