Stack Overflow is laying off 28 percent of its staff over a year after doubling the size of its organization in a hiring push just as AI chatbots challenged its business model.
Coding help forum Stack Overflow is laying off 28 percent of its staff as it struggles toward profitability. CEO Prashanth Chandrasekar announced today that the company is “significantly reducing the size of our go-to-market organization,” as well as “supporting teams” and other groups.
Stack Overflow did not elaborate on the reasons for the layoff, but its hiring push began near the start of a generative AI boom that has stuffed chatbots into every corner of the tech industry, including coding. That presents clear challenges for a personal coding help forum, as developers get comfortable with AI coding assistance and the very tools that do that are blended into products they use. AI-generated coding answers have also posed problems for the company over the past year.