GitHub makes layoffs as it plans to drop its S.F. office space - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

This San Francisco tech company is making layoffs and plans to ditch its HQ

Another San Francisco tech company has just jumped on the layoff bandwagon, but this time, the firm is also looking to leave behind its headquarters in the city.

In a message to employees on Thursday, GitHub's CEO Thomas Dohmke said that"new budgetary realignments" have led the software developer platform to cut its 3,000-person workforce by up to 10% through the end of the fiscal year. Most notably, though, Dohmke also stated that the company is looking to go fully remote, noting to staff that the firm is experiencing"very low utilization rates" in its offices.

"We are not vacating offices immediately, but will move to close all of our offices as their leases end or as we are operationally able to do so," Dohmke wrote."We will share more workplace details and transition plans with you as they are finalized." In San Francisco, that represents a 55,000-square-foot office located at 275 Brannan St. in South Beach. GitHub signed aGitHub was founded in San Francisco in 2008 and was acquired by Microsoft Corp. for

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

San Francisco, Oakland mayors discuss housing plans - San Francisco Business TimesThe mayor is introducing a new plan and executive order to boost production. She spoke about it at the Business Times' 2023 Mayors' Economic Forum.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

San Francisco office buildings hit market again - San Francisco Business TimesIf at first you don't succeed: Several San Francisco buildings are officially for sale again after weak offers forced their owners to pull the listings.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

TECO buys 345 Fourth St. in San Francisco - San Francisco Business TimesIn what can be considered a rare occurrence these days, a small office building in San Francisco's SoMa neighborhood has traded hands.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

San Francisco office buildings hit market again - San Francisco Business TimesIf at first you don't succeed: Several San Francisco buildings are officially for sale again after weak offers forced their owners to pull the listings.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

SBA PPP loan forgiveness update for 'good faith' errors - San Francisco Business TimesOutside groups lobbied the SBA for months in 2022 on behalf of what they said were 300,000 business owners that may have been impacted.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »