GitLab laid off approximately 350 employees, representing 14% of its workforce, as part of a restructuring to rebuild its infrastructure for AI workloads and exit operations in 22 countries. CEO Bill Staples said AI-driven demand is “pushing competitors to the brink” due to its scale, prompting a generational rebuild of the company’s platform. GitLab reported first-quarter revenue of $264 million, up 23% year-over-year, while expecting $30-35 million in restructuring expenses.
