← Founder Notes
Archive ·

Gitlab cut 14% of staff and exited 22 countries to fund ai infrastructure, then reported q1 revenue…

09:47 ISTby Yethikrishna R

gitlab cut 14% of staff and exited 22 countries to fund ai infrastructure, then reported q1 revenue up 23% at 88% gross margins. the company wasn't in trouble; it was reallocating. layoffs are becoming a capex line item.

Share

Embed this note

<iframe src="https://founder.myndlabs.tech/notes/embed/gitlab-cut-14-of-staff-and-exited-22-DdajqdojAel" width="480" height="420" style="border:0;max-width:100%" loading="lazy" title="Gitlab cut 14% of staff and exited 22 countries to fund ai infrastructure, then reported q1 revenue…"></iframe>

Original

More notes