With ESTC's market price declining by 57% over the last year the company is now undergoing yet another major internal org restructuring. Rumors have it that in spite of the fact that ESTC has undergone a FedRAMP High authorization that workforce... — read more
Elastic shares plunge 25% on lower revenue projections amid slower customer commitments
Shares in Elastic N.V. plunged nearly 25% in late trading today after the enterprise search software company warned of slower growth and fell short on outlook alongside an otherwise solid quarterly earnings... — read more
400 were laid off in Dec 2022
More to come for sure