GitLab is undergoing significant changes, initiating a restructuring process described in a letter to the team. This restructuring involves workforce reductions, with a focus on transparency and a voluntary separation window. They are reevaluating their global footprint, flattening the organization, reorganizing R&D, and implementing AI agents in internal processes. The company is reaffirming its financial guidance. Their strategy focuses on the "agentic era" of software development, where AI agents will play a key role. GitLab is making architectural bets on machine-scale infrastructure, orchestration, context, and governance. They aim to deliver these advancements through a flexible business model and a culture of excellence. For customers, existing support and commitments remain unchanged, while innovation is expected to accelerate. This strategic shift aims to position GitLab as a leading platform for software creation in the AI era. The company plans to reinvest savings from the restructuring to accelerate growth. They are committed to transparency and employee involvement in the change.