At GitLab, "AI" is "All India"
Earlier this week: Gitlab is in Trouble and Its Shares Have Collapsed | GitLab the Latest Company to Do Mass Layoffs and Use Slop as the Go-to Excuse (GitLab Users Should Worry Too)
Does GitLab (or Gitlab) have mass layoffs because of "AI"? Yes! All India:
And we now know more about the scale of these layoffs: 30%, they say. Maybe more.
To quote an hours-old text (slopfarm or hybrid): "GitLab Inc. plans to trim staff and overhaul its worldwide business in a bid to redirect spending toward artificial-intelligence agents. Shares slid roughly 9.6% to $23.18 on the Nasdaq Tuesday afternoon after the announcement. The company left the exact number of job cuts undisclosed."
Basing it on one report: "GitLab is set to cut its footprint in countries where it has only small teams by as much as 30%, according to Staples, who briefed staff, clients and shareholders. The company will also eliminate up to three layers of management in certain areas and break up its research and development group into about 60 smaller teams. Plans include deploying AI agents to handle internal reviews, approvals and task handoffs."
It says "as much as 30%," but they also hire and it's clear what demography is targeted. █