Atlassian Shakes Up Workforce: 1,600 Layoffs to Fuel AI Ambitions
In a bold move, Atlassian is cutting 1,600 jobs, accounting for 10% of its global workforce, to pivot more resources toward artificial intelligence and enterprise sales, a strategy that sent shares up by 2%. These layoffs, affecting employees in India, the US, and the Middle East, come as part of a larger trend in the tech industry where AI is increasingly used as a rationale for significant workforce changes.
Mar 13