An important update on our team
2 days ago
- #corporate-restructuring
- #employee-support
- #AI-investment
- Atlassian is reducing its team size by ~10% (~1,600 employees) to self-fund investments in AI and enterprise sales.
- The decision aims to strengthen the company's financial profile and adapt to higher industry standards for growth, profitability, and speed.
- Impacted employees will receive a comprehensive separation package, including a minimum 16-week severance, extended healthcare, and additional support services.
- The restructuring focuses on retaining skills critical for an AI-first future, emphasizing strong performers and those with transferable skills.
- Atlassian emphasizes that AI is not replacing roles but changing the mix of skills needed, requiring adaptation in how the company operates.
- The company expresses deep gratitude to departing employees and commits to supporting remaining staff through the transition.
- Atlassian views this as a necessary step for long-term resilience, citing its history of navigating technological shifts and market cycles successfully.