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Cloudflare’s 20% workforce reduction will drive efficiency and margin expansion: analysts

Exterior view of Cloudflare headquarters

Sundry Photography/iStock Editorial via Getty Images

Cloudflare (NET) cratered 20% during Friday morning market action after issuing its first-quarter results and guidance and announcing a 20% reduction to its workforce.

However, financial firms were mostly upbeat on the report, finding the reduction in workforce, or RIF, will help improve the

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