Stack Overflow cuts 28% of its staff

Stack Overflow cuts 28% of its staff

2 years ago
Anonymous $pUsIN4hzN9

https://techcrunch.com/2023/10/17/stack-overflow-cuts-28-of-its-staff/

Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday.

In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere “due to the macroeconomic pressures.”

Stack Overflow cuts 28% of its staff

Oct 17, 2023, 8:14am UTC
https://techcrunch.com/2023/10/17/stack-overflow-cuts-28-of-its-staff/ > Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. > In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere “due to the macroeconomic pressures.”