GitLab to cut 14% of staff and exit 22 countries in ‘agentic era’ restructuring
GitLab is cutting about 14% of its full-time workforce, roughly 350 people, and pulling out of 22 countries, based on their report for the first quarter of the fiscal year 2027, in which it grew revenue 23% and beat Wall Street’s expectations.
The restructuring, the company said, is meant “to realign its operating structure to optimize execution against its strategic priorities.” The country exits will shrink GitLab’s geographic footprint by about 37%, a reflection of how thinly staffed many of those markets were. GitLab, listed on the Nasdaq as GTLB, has run as an all-remote company since its founding, with employees scattered across dozens of countries.
The numbers the cuts arrived with were strong. Revenue for the first quarter of fiscal 2027, which ended 30 April, came in at $264.2m, up from $214.5m a year earlier and ahead of the roughly $254.6m analysts had penciled in.
Non-GAAP operating margin...
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