GitLab is laying off approximately 350 employees. This reduction represents 14% of the company's total workforce. The company will also exit 22 countries to streamline global operations. This move reduces GitLab's geographic footprint by approximately 37%.
The restructuring marks a strategic pivot to capitalize on the agentic era of artificial intelligence. GitLab expects to incur between $30 million and $35 million in pre-tax restructuring charges.
The announcement follows Q1 fiscal 2027 earnings that beat market expectations. GitLab raised its full-year profit outlook following the quarterly results.