devtake.dev — #restructuringArticles tagged restructuring on devtake.dev.https://devtake.dev/en-usCisco cut 4,000 jobs on its record revenue day. AI infrastructure orders jumped to $9 billion.https://devtake.dev/article/cisco-4000-layoffs-record-q3-revenue/https://devtake.dev/article/cisco-4000-layoffs-record-q3-revenue/Cisco posted $15.8B in Q3 FY26 revenue on May 14, up 12% YoY, then sent layoff notices to 4,000 staff the same day. AI orders are now tracking to $9B for the fiscal year.Tue, 19 May 2026 09:30:00 GMThardwareciscolayoffsai-infrastructurenetworkingrestructuringearningsai-chipshiro-tanakaGitLab is cutting staff and killing its CREDIT values. The CEO calls it 'Act 2.'https://devtake.dev/article/gitlab-act-2-workforce-reduction/https://devtake.dev/article/gitlab-act-2-workforce-reduction/CEO Bill Staples announced a restructuring he frames around agentic AI, retiring GitLab's six core values for three new operating principles. Exact layoff numbers come June 2.Tue, 12 May 2026 10:00:00 GMTwebgitlablayoffsrestructuringai-agentsdev-toolsdevopsagentic-codingnaomi-parkCloudflare cut 1,100 jobs on its best earnings day. Revenue grew 34% and the stock dropped 18%.https://devtake.dev/article/cloudflare-layoffs-1100-restructuring/https://devtake.dev/article/cloudflare-layoffs-1100-restructuring/Cloudflare laid off 20% of its workforce on May 7 while reporting record Q1 revenue of $639.8M. The stock dropped 18% after hours.Fri, 08 May 2026 09:45:00 GMTwebcloudflarelayoffsai-infrastructureworkers-aidev-toolsrestructuringwebai-agentsnaomi-park