I don't really see it. Gitlab isn't a Google-style megacorporation; its CEO is co-founder, and it still has a reputation for having fairly horizontal management.
The idea that its execs just decided to lay off a bunch of people for no reason just to wage some plausibly deniable class warfare doesn't really make sense to me.
I dunno, maybe look at more than one company doing layoffs and think about whether the group as a whole is in dire fiscal straits, whether they're continuing to hire through the layoffs, and who the winners and losers will be through the whole ordeal. Those details are elsewhere on the thread and are easily googleable if you have a real interest.
If you have a hard time believing capitalists wouldn't literally do capitalism when they see a chance for it, I don't know what I can tell you really.
"I don't really see it" is a pretty... well it's something, that's for sure.
The idea that its execs just decided to lay off a bunch of people for no reason just to wage some plausibly deniable class warfare doesn't really make sense to me.