Gitlab runner starting another pipeline before the one before it finishes

I have one gitlab runner configured for a single project. The issue that I am seeing is that the runner will not wait until the prior pipeline build finished, and instead does a checkout in the same directory as the prior pipeline job and stomps over everything. I have one pipeline job already running, and then another developer commits and thus another pipeline job is started. Why can’t I configure the pipeline not to run so that it doesn’t corrupt the already running workspace?

Here is the log from both of the jobs (only difference is the timestamp)

[0K] Running with gitlab-runner 12.6.0 (ac8e767a)
[0K]  on gitlab.xxxx.com rz8RmGp4
[0K] section_start:1578357551:prepare_executor
[0K] Using Docker executor with image my-image-build ...
[0K] Using locally found image version due to if-not-present pull policy
[0K] Using docker image sha256:xxxxxxxxxx for my-image-build ...
[0;msection_end:1578357553:prepare_executor
[0Ksection_start:1578357553:prepare_script
[0K] Running on runner-rz8RmGp4-project-23-concurrent-0 via gitlab.xxxx.com...
section_end:1578357554:prepare_script
[0K] section_start:1578357554:get_sources
[0K[32;1mFetching changes with git depth set to 50...[0;m
Initialized empty Git repository in /builds/my-project/.git/
<proceeds to checkout and stomp over the already running runner>

Main issue I see is that they both checkout to the same directory of Initialized empty Git repository in /builds/my-project/.git/ which causes the problem. I think all subsequent pipeline builds are sharing the same container for some reason, when I would think that they should be using different containers so as to avoid this problem. What am I doing wrong here?

Here is a snippet of the gitlab yml file

image: my-docker-image

stages:
  - build
  
build-me:
    stage: build
    before_script:
       - <some stuff here>
    script:
      - bitbake my-image

I edited the gitlab runner .toml file and put a limit of 1 in the [[runners]] section to no avail.