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Grafa
Technology

GitLab reduces workforce by 14% as It pivots infrastructure toward AI-agent scaling

GitLab (NASDAQ:GTLB) has confirmed the layoff of approximately 350 employees, representing 14% of its workforce, as the company implements a restructuring plan designed to align its operations with the evolving demands of artificial intelligence.

Read more: GitLab reduces workforce by 14% as It pivots infrastructure toward AI-agent scaling
Grafa
Technology

Cognyte operating profit rallies on resilient analytics software demand

Cognyte Software (NASDAQ:CGNT) delivered double-digit revenue growth and a sharp improvement in core operational profitability for the first quarter of fiscal 2027, capitalising on sustained global demand for its security and investigative analytics software platforms.

Read more: Cognyte operating profit rallies on resilient analytics software demand
Grafa
Technology

KBR lands $8B, 20-year National Science Foundation Antarctic contract

KBR (NYSE:KBR) announced that its Mission Technology Solutions unit has been awarded a landmark $8 billion ceiling contract by the U.S. National Science Foundation (NSF) to provide comprehensive science and engineering support for the U.S. Antarctic Program.

Read more: KBR lands $8B, 20-year National Science Foundation Antarctic contract