GitHub has announced a significant change in its operations, including the layoff of 10% of its 3,000-person workforce and the transition to a fully remote work model. GitHub will also maintain its hiring freeze.
This decision was made to protect the company’s short-term health in the midst of a difficult economic climate. GitHub has also decided to extend its hiring freeze, which was first announced in January, as well as make a number of other internal changes to ensure the company’s stability.
“We announced a number of difficult but necessary decisions and budgetary realignments to both protect the health of our business in the short term and grant us the capacity to invest in our long-term strategy moving forward,” a spokesperson said.
GitHub’s decision to lay off 10% of its workforce and transition to entirely remote work is a bold move aimed at ensuring the company’s long-term viability. It also reflects the company’s commitment to providing the best possible experience to its users and to adapting to changing times. In addition, due to low utilization, the company will close all of its offices as their leases expire and transition to a remote-first culture.
GitHub also announced that it will switch to Teams for video conferencing. As another cost-cutting measure, it is increasing the interval between laptop refreshes from three to four years.
The sources for this piece include an article in TechCrunch.
