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$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI

GitLab is laying off around 350 employees, roughly 14% of its workforce, and pulling out of 22 countries—a restructuring CEO Bill Staples is pinning on what he calls the "agentic era" of software development. The DevSecOps company announced the cuts on Tuesday alongside a first quarter that beat Wall Street, with revenue up 23% to $264.2 million and adjusted earnings two cents above estimates. Shares climbed 7% after hours to $34.05, pushing market cap past $5 billion.

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Anthropic's open-source framework for AI-powered vulnerability discovery

A reference implementation for autonomous vulnerability discovery and remediation with Claude, based on our learnings from partnering with security teams at several organizations since launching Claude Mythos Preview. For a write up of these learnings along with best practices, see the accompanying blog post (also available in blog-post.md ). For a lightweight SDK-only walkthrough of the same recon → find → triage → report → patch loop, see the companion cookbook.

Hacker News 5d ago