GitLab to cut 7% of workforce, or about 130 employees, sending shares down

GitLab CEO Sid Sijbrandij said in a message to employees Thursday that the company is reducing headcount by 7%, or about 130 positions. Shares of GitLab fell about 9% on the news. "The current macroeconomic environment is tough, and as a result, companies are still spending but they are taking a…

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