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Elastic declares a ~7% discount in its workforce, and says “advances in AI and automation are letting us function with leaner groups”; ESTC closed down 8.70% (Richard Velocity/The Register)

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June 26, 2026
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Elastic declares a ~7% discount in its workforce, and says “advances in AI and automation are letting us function with leaner groups”; ESTC closed down 8.70% (Richard Velocity/The Register)
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