Layoffs Accelerate in May 2026 as Firms Restructure Around AI

More layoffs swept across industries in early May 2026 as a fresh wave of firms announced job cuts. Many of the cuts share a common driver. Companies are rebuilding around artificial intelligence (AI). Cloudflare Announces Layoffs in May 2026 Cloudflare announced Thursday it would cut more than 1,100 jobs globally, about 20% of its 5,156-person