Another company in the tech industry has announced a round of layoffs as GitLab, key competitor to Microsoft's GitHub, confirms that it will be reducing its team size by 7% overall.
Microsoft, GitLab and others latest to make job cuts theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
The developer operations (DevOps) giant, GitLab, is the latest tech company to announce a round of layoffs. It was revealed today that the company is downsizing its workforce by 7 per cent.So far, it has been a difficult year for the technology industry, with most of the big tech companies announcing staff layoffs and cost cuts amid unpredictable macro economic factors and the possibility of recession. These companies include Microsoft, Alphabet Inc and Salesforce among others. Similar to all these companies, GitLab has also decided to layoff employees due to the economic climate, and particularly because its customers have considerably reduced their own software spending.
An announcement from GitLab CEO Sid Sijbrandij gitlab.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gitlab.com Daily Mail and Mail on Sunday newspapers.