$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI; says: Agentic era is creating…
GitLab is laying off around 350 employees, roughly 14% of its workforce, and pulling out of 22 countries—a restructuring CEO Bill Staples is pinning on what he calls the “agentic era” of software development. The DevSecOps company announced the cuts on Tuesday alongside a first quarter that beat Wall Street, with revenue up 23% to…