Elastic stretches workforce 7% thinner as AI does more of the heavy lifting
Elastic, whose products include Elasticsearch and Kibana, has announced an "approximately" 7 percent reduction in its workforce. In a blog post, CEO Ash Kulkarni thanked employees for their hard work as he announced the layoffs. He stated that the customer-facing sales team would continue to grow, but for others, "advances in AI and automation are letting us operate with leaner teams." Kulkarni also noted that engineering, "where the nature of the work is evolving fastest," would be split into t