AI & Jobs GitLab cuts 14% of staff, swears it isn't about cost
GitLab laid off about 350 people — 14% of staff — and exited 22 countries for the 'agentic era,' while beating earnings and calling it not a cost-cutting exercise.
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AI & Jobs GitLab laid off about 350 people — 14% of staff — and exited 22 countries for the 'agentic era,' while beating earnings and calling it not a cost-cutting exercise.
AI & Jobs GitLab's May 11 「Act 2」 letter: undisclosed cuts by June 1, R&D split into ~60 autonomous teams, up to 3 management layers removed, country footprint trimmed 30%. The CEO says this is not a cost-cut. The market sent the stock down 7% after-hours anyway.