Skip to content
newsGlobal
$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI
Times of India
Times of India··1 min read

$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI

GitLab is laying off 14% of its workforce and exiting 22 countries as part of a restructuring to focus on the "agentic era" of software development. CEO Bill Staples stated that savings will be reinvested into AI products, particularly the Duo Agent Platform, to position GitLab as the enterprise platform for AI-driven software creation.

Source: Times of India

ShareShare on XShare on Facebook

More from newsGlobal

While the form of direct discrimination has changed, indirect discrimination and violence against Dalits is still happening: Minister Badi
eKantipur
PoliticsJun 3, 2026 · 1 min

While the form of direct discrimination has changed, indirect discrimination and violence against Dalits is still happening: Minister Badi

Currently, attempts are being made to ridicule and defame the policy of positive discrimination adopted by the state in various ways: Cha…
eKantipur
PoliticsJun 3, 2026 · 1 min

Currently, attempts are being made to ridicule and defame the policy of positive discrimination adopted by the state in various ways: Cha…

The campaign against caste discrimination and the evils of untouchability can only be made successful if all levels and classes of societ…
eKantipur
PoliticsJun 3, 2026 · 1 min

The campaign against caste discrimination and the evils of untouchability can only be made successful if all levels and classes of societ…