tech
March 12, 2026
Atlassian follows Block’s footsteps and cuts staff in the name of AI
Atlassian laid off 10% of its workforce, around 1,600 people, as the company looks to funnel more funds to AI.
TL;DR
- Atlassian is reducing its workforce by 10%, impacting around 1,600 employees.
- The company aims to invest more in AI, enterprise sales, and financial health.
- CEO Mike Cannon-Brooks cited increased market expectations for software companies.
- This decision is similar to Block's recent layoffs, driven by AI's potential for automation.
- Venture capitalists predicted AI's impact on labor by 2026, a prediction now seemingly realized.
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