GitLab To Cut 7% of Workforce

by
msmash
from Slashdot on (#68PZH)
GitLab CEO Sid Sijbrandij said in a message to employees Thursday that the company is reducing headcount by 7%, or about 130 positions. From a report: "The current macroeconomic environment is tough, and as a result, companies are still spending but they are taking a more conservative approach to software investments and are taking more time to make purchasing decisions," Sijbrandij said in his message to employees. GitLab had 1,860 employees according to PitchBook data.

twitter_icon_large.pngfacebook_icon_large.png

Read more of this story at Slashdot.

External Content
Source RSS or Atom Feed
Feed Location https://rss.slashdot.org/Slashdot/slashdotMain
Feed Title Slashdot
Feed Link https://slashdot.org/
Feed Copyright Copyright Slashdot Media. All Rights Reserved.
Reply 0 comments