The company's CEO Prashanth Chandrasekar said the layoffs are a move to maintain a path to profitability.
Stack Overflow, a question-and-answer forum for programmers, is laying off 28% of its workforce following ChatGPT's disruption to the industry.
The CEO also noted the"ongoing threats to customer budgets shifting due to the macroeconomic pressures impacting the entire tech industry." "People stopped using Stack Overflow after ChatGPT was released," said tech expert Tony Dinh on X, alongside a chart of Stack Overflow's plummeting traffic coinciding with the AI-tool's release. Others on X shared similar graphics.
Large language models like ChatGPT are equipped with knowledge from massive amounts of data, which they use to offer answers, information and resources.
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