Atlassian Slashes 10% of Workforce, Stock Climbs
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The software company's CEO said "our approach is not 'AI replaces people'." ...
The Atlassian layoffs will affect 10% of jobs, helping the business “self-fund further investment in AI and enterprise sales.
By Jaspreet Singh March 11 (Reuters) - Atlassian said on Wednesday it would lay off around 10% of its workforce, or 1,600 ...
Layoffs to affect 10% of workforce amid Australian company’s restructuring plan to push into artificial intelligence and enterprise sales ...
Atlassian will lay off about 1,600 employees, 10 percent of staff, by June 30, redirecting savings to artificial intelligence ...
The jobs cuts were announced as Atlassian has been stepping up investments. Last September, it agreed to buy developer intelligence platform DX for $1 billion, within weeks after announcing the $937 ...
Atlassian CEO Mike Cannon-Brookes explained the company's 1,600 layoffs in a four-minute video as the software firm pivots more heavily toward AI.
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