Tech firm Atlassian is cutting 1,600 jobs, about 10% of its workforce, as it adapts to the growing use of artificial intelligence in the industry. The layoffs come as part of a broader trend among companies to reduce staff due to post-Covid economic slowdowns and increased competition from automation. Australian billionaire co-founder Mike Cannon-Brookes revealed the plan through an internal memo, while also announcing his chief technology officer’s departure.
Source: https://www.bloomberg.com/news/articles/2026-03-11/atlassian-team-ceo-announces-layoffs-of-1-600-citing-ai-shift