What’s going on?
Elastic Layoffs?
1–8 of 8 posts
Re: Elastic Layoffs?
#2Reduction in force? [1]
Elastic restructures workforce and leadership with modest one-time charges.
Elastic is trimming about 7% of its workforce while still expecting overall headcount growth year over year. The company targets simpler structures and faster decision-making, aligning more resources to growth areas tied to AI and customer-facing functions.
There's a few other articles that mention it but they seem to be summaries of glassdoor.
[1] - https://www.stocktitan.net/sec-filings/ESTC/8-k-elastic-n-v-...
Re: Elastic Layoffs?
#3Reduction in force? [1] Elastic restructures workforce and leadership with modest one-time charges. Elastic is trimming about 7% of its workforce while still expecting overall headcount growth year over year. The company targets simpler structures and faster decision-making, aligning more resources to growth areas tied to AI and customer-facing functions. There's a few other articles that mention it but they seem to…
[deleted]
Re: Elastic Layoffs?
#4Reduction in force? [1] Elastic restructures workforce and leadership with modest one-time charges. Elastic is trimming about 7% of its workforce while still expecting overall headcount growth year over year. The company targets simpler structures and faster decision-making, aligning more resources to growth areas tied to AI and customer-facing functions. There's a few other articles that mention it but they seem to…
Thanks… sounds about right
Re: Elastic Layoffs?
#5[flagged]
Re: Elastic Layoffs?
#6Re: Elastic Layoffs?
#7What were the packages?
Re: Elastic Layoffs?
#8What were the packages?
I don't know...