Microsoft-owned cloud hosting service GitHub

 

Microsoft-owned cloud hosting service GitHub has announced plans to lay off 10% of its workforce.   The company has also opted for a remote working model for its remaining employees to cut costs and protect its livelihood.  GitHub is a popular website and cloud-based service used by developers to store, manage, and track changes to their code.  The layoffs are expected to impact 300 employees, who the company will provide with severance packages and career transition assistance services.  GitHub implemented a hiring freeze on Jan. 18, which is still in effect.  An email sent by GitHub CEO Thomas Dohmke cites “very low utilization rates in our offices around the world” as the main factor behind the adoption of a fully-remote GitHub, which is “a testament to the success of our long-standing remote-first culture.”   The company plans to vacate its offices upon lease termination.