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GitLab is a great example of a lifestyle company that should have never become a public corporation.
by shimman 6mo ago
GitLab is a great example of a lifestyle company that should have never become a public corporation.
- SimpleSalmon 6mo agoSo much this. GitLab’s values and ethos were completely incompatible with becoming a public company. Sid is always seen as the good guy but it was his narrow minded greed that led here.
- elktown 6mo agoAha, it's public. That explains the inflated employee count. Same story every time.
- dmix 6mo agoThey have almost a billion dollars in revenue
- shimman 6mo agoAnd what good is that for the workers that still got laid off? Maybe software devs should have residuals.
- dmix 6mo agoAs others mentioned this sounds like they are reducing management, not firing developers. But that could be wrong.
- everfrustrated 6mo agoAnd somehow still never profitable! Living on borrowed time. Cuts were always coming. Nothing to do with AI.