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Re:Gitlab names Bill Staples as new CEO by griomnib on Thursday December 05, 2024 @06:30PM (#42334055)
Slash costs/headcount in short term, sell, pocket the cash and get the hell out of dodge.
Re:Gitlab names Bill Staples as new CEO by guybrush0123 on Thursday December 05, 2024 @06:36PM (#42334119)
Not necessarily. If you want the best price for the company, you might want to grow it before you sell it.

New Relic went through a few reorgs during his tenure, but they didn't freeze hiring until after the sale.

Re:Gitlab names Bill Staples as new CEO by griomnib on Thursday December 05, 2024 @06:41PM (#42334155)
Fair, hopefully the gitlab employees won’t get totally screwed!
Re:Gitlab names Bill Staples as new CEO by bastardoperator on Thursday December 05, 2024 @07:11PM (#42334384)
They hired an axe man, people are getting hurt.