Published: June 4, 2026 โข 6:11 AM IST ยท Updated: June 4, 2026 โข 7:10 AM ISTBy TheBriefWire Editorial Team
Key points
GitLab is the latest tech company to cut jobs as it doubles down on artificial intelligence.
The software development platform has announced plans to lay off around 350 employees, roughly 14 per cent of its workforce, alongside its first-quarter earnings.
According to the company, the layoffs are part of a major restructuring aimed at preparing GitLab for what it calls the "agentic era" of AI.
In addition to reduction of employee count, GitLab is also exiting 22 countries, reducing its global footprint by about 37 per cent as it streamlines operations and shifts resources towards AI-focused initiatives.
The layoffs are part of a restructuring plan first outlined in May under CEO Bill Staples' "GitLab Act 2" strategy.