Carmaker GM, coding platform GitLab plan hundreds of job cuts

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Summary

GitLab announced plans to cut an undisclosed number of jobs and may reduce its global operational footprint by up to 30%, reorganising R&D into about 60 small teams and removing management layers. The company says this is not an AI cost-cutting exercise but a response to having grown into a shape that no longer fits, and it will reveal a new structure by 1 June and financial impacts on a 2 June earnings call. General Motors has begun cutting roughly 500–600 salaried IT roles as it shifts its IT function toward greater software, computing and AI capabilities, with about 30 Ireland-based employees reported at risk. Both companies frame the moves as operational restructures to better position for future technology changes, particularly increased AI integration.

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GitLab Inc.
$250M to $500M