Elastic Layoffs?

Elastic is laying off about 7% of its workforce as part of a restructuring aimed at simplifying structures and accelerating decision-making. The company expects overall headcount to grow year over year and is reallocating resources toward AI and customer-facing functions.

Elastic restructures workforce and leadership with modest one-time charges. Elastic is trimming about 7% of its workforce while still expecting overall headcount growth year over year. The company targets simpler structures and faster decision-making, aligning more resources to growth areas tied to AI and customer-facing functions. There's a few other articles that mention it but they seem to be summaries of glassdoor.