---
title: "GitLab (GTLB) Stock Falls 12% as AI Job Cut Plan Raises Investor Concerns"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286093592.md"
description: "GitLab Inc. (GTLB) saw its stock drop by 12% in pre-market trading following the announcement of a new work plan that includes significant job cuts of up to 30% and restructuring of management layers. The company plans to implement AI agents for various tasks and will report its Q1 2027 results on June 8, forecasting earnings of $0.21 per share. CEO Bill Staples emphasized that the job cuts will be handled transparently with a voluntary exit option, though the exact number of positions affected remains unspecified."
datetime: "2026-05-12T11:46:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286093592.md)
  - [en](https://longbridge.com/en/news/286093592.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286093592.md)
---

# GitLab (GTLB) Stock Falls 12% as AI Job Cut Plan Raises Investor Concerns

GitLab Inc. (GTLB), a software firm that helps teams build, test, and ship code, fell in pre-market trading by about 12% (at the moment of writing), after the firm outlined a new work plan tied to the "agentic era."

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Next month, on June 8, the company is scheduled to report its Q1 2027 results with a forecast of $0.21 per share.

The move comes as GitLab plans to cut jobs, shrink its workforce by up to 30%, and trim up to three management layers in some areas. The firm also plans to split research and development into about 60 smaller teams. In addition, GitLab said it will use AI agents to help with tasks such as reviews, approvals, and handoffs.

CEO Bill Staples said the plan will be carried out "openly," with a voluntary exit window. The firm did not say how many jobs may be cut.

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