Yeah doesn't make sense. My guess is they are doing this to prep for an acquisit... | Hacker News

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		Miner49er 12 days ago \| parent \| context \| favorite \| on: GitLab announces workforce reduction and end of th... Yeah doesn't make sense. My guess is they are doing this to prep for an acquisition. Probably by an AI company or Datadog or similar.

		help

nunez 12 days ago [–]

That's exactly what's happening here.

Miner49er 11 days ago | [–]

Yeah, didn't see til after I commented, but this CEO ran this same playbook with New Relic. Layoffs and then sold the company 2 months later.

I think Staples is a guy you bring in to sell the company, not run the company.

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