Today, we announced an organizational change at Elastic, including a reduction of approximately 7% of our workforce. These decisions are never easy because they affect people who have contributed meaningfully to our company. They have helped build our company; their impact is real and lasting, and I thank them. I want to explain the why and the what's next. The industry is changing. Advances in AI, automation, and technology are reshaping how work gets done, and we're changing with them. Customer expectations are increasing and evolving faster than ever before, and this requires us to move faster and operate leaner than we have before. We provide the data store and context engine for the technology that is changing the world, and we help observe and protect the infrastructure that runs it. We're in a great position to lead here. To do it, we're shifting our pace of innovation, simplifying how we operate, and investing in new skills.…