AIThe Register1h ago

Elastic announces a ~7% reduction in its workforce, and says "advances

Elastic announces a ~7% reduction in its workforce, and says "advances in AI and automation are letting us operate with leaner teams"; ESTC closed down 8.70%

Elastic announces a ~7% reduction in its workforce, and says "advances

Elastic announces a ~7% reduction in its workforce, and says “advances in AI and automation are letting us operate with leaner teams”; ESTC closed down 8.70% — CEO says automation is enabling leaner teams as engineering is split into three core areas

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Source: The Register · Opens in new tab