GitLab: Taking On Microsoft's GitHub And Holding Its Own Apr. 28, 2022 9:30 AM ET GitLab Inc. (GTLB) Stock MSFT, GTLB 9 Comments 10 Likes Ahan Vashi Investing Group Leader ...

Microsoft Corp.’s GitHub unit and publicly traded rival GitLab Inc. today both announced layoffs, disclosing plans to let go 10% and 7% of their respective workforces.

Microsoft said on Monday it is paying $7.5 billion in an all-stock deal for GitHub as it tries to lure developers in a bid to beef up its cloud computing business and challenge market leader ...

GitLab and GitHub both aim to protect themselves for future growth, while Microsoft has reportedly cut 120 jobs from its Irish operations.

Microsoft Corp's decision to buy GitHub has been a blessing for rival U.S. coding platform GitLab, which has seen thousands of developers jump ship on worries that GitHub may end up favoring ...