"Cannon-Brookes said in a message on the company's blog that the decision was difficult but necessary as AI reshapes how software companies operate. The shift isn't simply about cutting costs, he said, but about changing the mix of skills the company needs as it builds products for the AI era."
"The layoffs come amid a wider shift across the tech industry as companies restructure for the AI era. Last month, Block slashed nearly half its workforce, citing productivity gains from AI."
Atlassian eliminated approximately 1,600 jobs, representing 10% of its total workforce, as the company repositions itself for the AI era. CEO Mike Cannon-Brookes communicated the decision through a video message, emphasizing that the layoffs reflect necessary changes in required skills rather than purely cost-cutting measures. About 30% of affected roles are based in Australia, where the company was founded in 2002. This restructuring aligns with broader industry trends, as other technology companies similarly adjust their operations and workforce composition to leverage artificial intelligence capabilities and improve productivity.
Read at Business Insider
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