New Delhi, May 14: Stack Overflow, a question and answer website for programmers, laid off 58 people, or 10% of its workforce, amid global macroeconomic pressures and a focus on profitability.
Stack Overflow CEO Prashanth Chandrasekar said the job cuts are also the result of a rigorous review of “strategic priorities and organizational structure for the year” as the company invests in the continued growth of Stack Overflow for Teams. said. “In the coming months he will pursue agility and flexibility as he launches AI/ML-focused services.” Accenture Job Cuts: IT firm announces 19,000 job cuts, slowing new hires and deepening technology layoffs. Top 5 points.
“I have made the very difficult decision to cut about 10 percent of our workforce, or 58 employees. We are supporting this transition with “services,” the CEO said in a statement.
As CEO, “I take full responsibility for this decision and it weighs heavily on me.” Stack Overflow serves 100 million people each month and is one of the most popular websites in the world. It is His Stack Overflow for Teams, the company’s asynchronous knowledge management and collaboration product, is transforming the way people work. LinkedIn layoffs: A woman employed on a Microsoft-owned recruiting platform was fired before joining the company, sharing her ordeal online.
Chandrasekhar plans to share more details next week on the company’s business review and outlook for the fourth quarter of the fiscal year. The platform offers products such as Stack Overflow for Teams, Stack Overflow Advertising, Collectives on Stack Overflow, and Stack Overflow Talent.
(The above article first appeared on latestly on May 14, 2023 at 11:21 AM IST. For news and updates on politics, the world, sports, entertainment and lifestyle, visit our Please log on to the website recently.com).
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