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Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs

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08.05.2026

Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs

In the drive to become “AI native,” more companies this week said they will significantly reduce the size of their workforces.

[Photo: David Paul Morris/Bloomberg via Getty Images]

April was not a good month for the tech........

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