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GitHub rival shuts offices, cuts 100s of workers
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GitHub rival shuts offices, cuts 100s of workers

Yahoo Finance · Jun 5, 2026, 4:17 PM

Key takeaways

  • Git Hub rival shuts offices, cuts 100s of workers Aparajita Chatterjee Fri, June 5, 2026 at 11:17 PM GMT+7 7 min read GTLB Tech companies are no longer just cutting jobs.
  • Git Lab, one of the most popular web-based software platforms used by software engineers as a code repository, security, and code deployment, has now joined the growing list of companies becoming AI-first.
  • As part of the restructuring process, which includes cost reallocation, they are laying off hundreds of employees and exiting several countries.

Git Hub rival shuts offices, cuts 100s of workers Aparajita Chatterjee Fri, June 5, 2026 at 11:17 PM GMT+7 7 min read GTLB Tech companies are no longer just cutting jobs. Many are reshaping themselves for the age of artificial intelligence.

Git Lab, one of the most popular web-based software platforms used by software engineers as a code repository, security, and code deployment, has now joined the growing list of companies becoming AI-first.

As part of the restructuring process, which includes cost reallocation, they are laying off hundreds of employees and exiting several countries.

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