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After laying off 1,600 engineers, Atlassian CEO Mike Cannon-Brookes says: “We retained employees with the skills to help us…

Atlassian has laid off approximately 1,600 employees, about 10% of its global workforce, to invest more in AI and enterprise sales. The cuts primarily affected R&D roles. CEO Mike Cannon-Brookes highlighted the difficult decision, emphasizing the need for competitiveness. The company is offering generous severance packages, with redundancy and office exit costs estimated at over…

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Atlassian layoffs: Sydney-based software company announces to cut 1,600 jobs, CEO says ‘We are doing this to …’

Australian software company Atlassian has announced to cut 10% of its workforce or 1,600 jobs. Among those leaving the company is the Chief technology officer Rajeev Rajan. The job cuts come as the company restructures following a decline in its stock price driven by AI developments. According to a report by news agency Reuters, CEO…

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