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Atlassian Lays Off 1,600 Workers Ahead of AI Push

Australian software giant Atlassian has announced it will cut 1,600 workers, approximately 10% of its workforce, with CEO Mike Cannon-Brookes addressing staff in a video and citing a restructuring plan to focus on artificial intelligence and enterprise sales, making it the latest technology company…

11 Mar, 21:31 — 12 Mar, 02:28
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High (60/100)
4 sources30/33
Spectrum spread3/5 buckets covered17/33
Far L1
Far Left (1)
The Guardian
Left2
Left (2)
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Center1
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FT
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Geographic diversity3 regions13/34
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Sources

Showing 4 of 4 sources
FTVery High1h ago

Atlassian cuts 10% of workforce to adapt to AI threat

Australian software company is latest technology company to axe roles

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The GuardianMostly Factual5h ago

Atlassian lays off 1,600 workers ahead of AI push

Australian company’s restructuring plan to push into artificial intelligence and enterprise sales Australian software giant Atlassian has announced it is laying off around 10% of its workforce, or roughly 1,600 positions, as part of a restructuring plan to push into artificial intelligence and enterprise sales. Shares of the company rose more than 4% in extended trading on the Nasdaq. Continue reading...

By Reuters

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Business InsiderMostly Factual30m ago

Watch what Atlassian's CEO said in a 4-minute video on the company's AI-induced layoffs

Atlassian's CEO told staff in a video that AI is reshaping the company's workforce as it cuts about 1,600 jobs. Brook Mitchell/Getty Images Atlassian has cut 1,600 jobs, roughly 10% of its workforce, as it pivots to AI. CEO Mike Cannon-Brookes addressed employees in a four-minute video explaining the layoffs. He said he is "deeply sorry for the disruption" the layoff creates in their lives. Atlassian CEO Mike Cannon-Brookes addressed employees in a four-minute video explaining why the compa...

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sydney-morning-heraldMostly Factual5h ago

‘I am deeply sorry’: Australian software giant Atlassian to cut 1600 workers, blaming AI - SMH.com.au

‘I am deeply sorry’: Australian software giant Atlassian to cut 1600 workers, blaming AI  SMH.com.au

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