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The Economic Times

Technology

GitLab to cut jobs, reinvest in AI agents push: CEO Bill Staples

Bill Staples GitLab ET DeepL LinkedIn

GitLab, a software company that provides tools for developers to collaborate on coding projects, said it is cutting jobs as part of a broader effort to redirect resources toward the growing market for artificial intelligence agents.

Shares of the company fell more than 8% in after-hours trading following the announcement.

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