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Developer community site Stack Overflow has laid off 28 % of its staff , the Prosus - ownedcompany announced Monday .
Ina blog post , Stack Overflow ’s CEO , Prashanth Chandrasekar indicated that the society is focus on its path to gainfulness . While the post did n’t detailed on the reasonableness behind the task cuts , it mentioned customers ’ budgets reposition elsewhere “ due to the macroeconomic pressures . ”
“ This yr we take many dance step to pass less . Changes have been pursue through the lens of minimizing the impact on the life of Stackers . Unfortunately , those change were not enough and we have made the extremely difficult decision to reduce the company ’s headcount by approximately 28 % , ” Chandrasekar said .
While Stack Overflow is primarily a Q&A internet site for consumers it also has enterprise product like“Stack Overflow for Teams,”which helps organizations maintain a ship’s company - wide knowledge fundament .
The company did n’t qualify the number of place - off employee . However , since it had pushed its headcount toover 500 people last year , more than 100 people are likely to be impacted .
With generative AI gaining popularity for help coders with different problems , Stack Overflow has see itstraffic dropas compare to last twelvemonth .
In August , the companysaidthat because of generative AI , it look “ some rises and falls in traditional dealings and engagement over the derive months . ”
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Earlier this year , Stack Overflowasked AI company to pay for training data . In January , it bar user from postinganswers generated by AI . The company is also attempt to pad its own AI capability . In July , it launchedOverflowAI , with features like productive AI - powered search .
Big Tech is also moving fast to make generative AI - aided product uncommitted for coders in a speedy manner . Last month , GitHub spread out access to itsCopilot chat to individual users . In May , during its developer league , Google announced a lot of AI - centrical coding tools , include an assistive bot call Codey . The company has also trained itsconversational AI tool Bard to serve user with code generation and debugging .
