Strong Quarter, Heartless Cuts: GitLab Slashes Workforce and Exits 22 Countries
GitLab cuts 350 jobs, exits countries, and restructures to focus on AI-driven software and automation growth.
GitLab cuts 350 jobs, exits countries, and restructures to focus on AI-driven software and automation growth.
GitLab plans job cuts, adds AI to automate work, and restructures teams to adapt to a new AI-driven era.
GitLab now works with AWS Bedrock, letting teams use AI in coding easily, securely, and without extra setup or accounts.
GitLab teams up with Google Cloud to power secure AI coding tools, making software development faster, easier, and safer for companies.
Michael Burry warns: Anthropic’s easy, cheap AI is outpacing Palantir, which may lose private business despite gov’t contracts.
GitLab beats Q4 estimates with $260.4M in revenue (+23% YoY) and $0.30 non-GAAP EPS. The company also announced a $400M share repurchase program. FY2027 guidance calls for $1.10–$1.12B in revenue, coming in below consensus.