GitLab announced a major restructuring on May 11, 2026, laying off staff and pivoting hard toward agentic AI, with CEO Bill Staples saying 'software will be built by machines, directed by people.' Shares dropped 8.2% after-hours and the move was confirmed by Bloomberg, Business Insider, and Yahoo Finance. The poster's 'destroying the business for no reason' line is a sharp opinion reacting to a real event — many developers see the AI-agent pivot as abandoning what made GitLab useful. Worth knowing: GitLab is following a pattern set by Salesforce, Google, and others cutting human engineers to fund AI agent bets, a strategy whose payoff is still unproven.