GitHub plans to be fully remote as it will lay off 10% of workers
Per Tech Crunch
GitHub has announced that it plans to become fully remote and close all of its offices. This comes as the company says it will let go of 10% of its workforce or about 300 employees.
In a recent report by Fortune, it was announced that GitHub had around 3,000 employees, and the Microsoft-owned company announced that it would be freezing hiring as it needs to "protect the short-term health."
A company spokesperson gave Tech Crunch a statement, sharing how they plan to move forward. The spokesperson highlighted how it wants to have the capacity to invest in the future.
GitHub spokesperson: “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."
GitHub will also be using Teams and plans to increase the laptop refresh cycle of its hardware. Previously, its cycle was for the span of just three years, but recently, they have decided to push it back to four.
The company CEO, Thomas Dohmke, gave a statement regarding the company's plan to let go of employees. He also shared how they plan to approach the layoffs for GitHub employees.
Dohmke: “I recognize this will be difficult on you all, and we will approach this period with the utmost respect for every Hubber,”
GitHub played a huge part in the development of OpenAI's ChatGPT. The AI tool reportedly got codes from GitHub to train its AI tool to code.
The news came as OpenAI hired more people to train its AI basic coding. Of around 1,000 contractors, 40% were reportedly programmers whose task was improving the AI's coding capabilities.
GitHub's layoffs come as it follows its parent company, Microsoft, after announcing that it would be laying off 10,000 employees.
See flow at unusualwhales.com/flow.
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- OpenAI Could Train Its AI Tech to Replace Its Own Software Engineers: Basic Coding to Become Obsolete?
- Microsoft, MSFT, hosted an exclusive, private Sting concert for top executives on January 17th. The very next day, they announced mass lay offs of 10,000 people.
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