Microsoft-owned GitHub has said that 10% of its workforce would be let go before the conclusion of the current fiscal year. As leases expire, the business, which formerly employed over 3,000 people, will also shut all of its offices and adopt a remote-first culture.
GitHub has joined many other IT businesses in making layoffs. Microsoft is cutting off 12,000 people, while Google also announced employment cutbacks of 6% globally, affecting 12,000 people.
Thomas Dohmke, the CEO of GitHub, explained that the firm is making these adjustments to “protect the short-term health” of its business while still enabling it to invest in its long-term, AI-focused strategy.
In an effort to save operational expenses, the firm is increasing the interval between laptop replacement from three to four years and migrating from Slack to Microsoft Teams for video conferencing.
Here’s what the CEO said in his internal email:
“Although our entire leadership team has carefully deliberated this step and come to agreement, ultimately, as CEO the decision is mine. I recognize this will be difficult on you all, and we will approach this period with the utmost respect for every Hubber.” Thomas Dohmke, GitHub CEO
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