Reduction in force? [1] Elastic restructures workforce and leadership with modest one-time charges. Elastic is trimming about 7% of its workforce while still

Reduction in force? [1] Elastic restructures workforce and leadership with modest one-time charges. Elastic is trimming about 7% of its workforce while still expecting overall headcount growth year over year. The company targets simpler structures and faster decision-making, aligning more resources to growth areas tied to AI and customer-facing functions. There's a few other articles that mention it but they seem to be summaries of glassdoor. [1] - https://www.stocktitan.net/sec-filings/ESTC/8-k-elastic-n-v-reports-material-event-7184dc9cebd6.html https://www.stocktitan.net/sec-filings/ESTC/8-k-elastic-n-v-...