Tech layoffs: GitHub announce 10% job cuts – Times of India

GitHub has joined the list of technology companies that are cutting jobs. The Microsoft-owned company has announced that it is laying off 10% of its workforce by the end of this fiscal year. Presently, GitHub has about 3,000 employees. Along with the layoff the company has also announced that it is shutting down its offices and will completely move to work from home culture.
GitHub will also continue to freeze hiring. “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. You can view our CEO’s full message to employees with additional details on these changes below,” a company spokesperson told TechCrunch.

GitHub CEO Thomas Dohmke wrote in an email to the company’s staff,”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.”
“Unfortunately, this will include changes that will result in a reduction of GitHub’s workforce by up to 10 per cent through the end of FY23. The hiring pause that I announced on January 18 remains in effect,” he added.
Recently, Zoom also announced job cuts. Eric Yuan, CEO of Zoom, announced that the company is laying off 1,300 employees, which translates to about 15% of its staff. According to a memo from the CEO, the job cuts are global in nature.