Atlassian lays off 1,600 employees in latest pivot to AI
Australian software giant Atlassian’s share price rose around 2% in after-hours trade following the announcement.
Australian software giant Atlassian will shed around 1,600 jobs in a major restructuring as artificial intelligence comes to the fore.
The company announced that around 10% of roles will go. Its global workforce sits at around 16,000 people.
CEO Mike Cannon-Brookes sent an email to all staff 20 minutes before those losing their jobs were informed by email, saying, “I have made the incredibly difficult decision to reduce the size of our team by ~10%”.
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