Atlassian cuts another 1,600 jobs amid AI shakeup
2 days ago
- #AI
- #Layoffs
- #Atlassian
- Atlassian is cutting 1,600 jobs, about 10% of its workforce, as part of restructuring around AI and enterprise growth.
- CTO Rajeev Rajan is among those leaving the company.
- Atlassian's share price has dropped 64% over the past year.
- CEO Mike Cannon-Brookes acknowledges AI is reshaping the company's skill and role requirements.
- Affected employees will receive a 16-week separation package, extended healthcare, and a prorated FY26 bonus.
- The restructuring aims to self-fund AI and enterprise sales investments while improving financial stability.