GitLab is laying off 350 staff, or 14% of its workforce, as it pivots to become an AI-focused enterprise software development platform, and exits 22 countries (Dean Seal/Wall Street Journal)

Techmeme ·

GitLab is cutting 14% of staff and narrowing its footprint as it reorients around AI-focused enterprise software development.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/business/earnings/gitlab-to-cut-14-of-workforce-as-part-of-ai-pivot-493b9813?st=EjHR3H&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260603/i13.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260603/p13#a260603p13" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Dean Seal / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/business/earnings/gitlab-to-cut-14-of-workforce-as-part-of-ai-pivot-493b9813?st=EjHR3H&amp;reflink=desktopwebshare_permalink">GitLab is laying off 350 staff, or 14% of its workforce, as it pivots to become an AI-focused enterprise software development platform, and exits 22 countries</a></b></span>&nbsp; &mdash;&nbsp; The company will also exit 22 countries, reducing its geographic footprint by about 37%&nbsp; &mdash;&nbsp; GitLab is cutting 350 full-time employees &hellip; </p>