Mar. 12 at 1:02 PM
Atlassian announced it will cut about 10% of its workforce, or roughly 1,600 employees, as the company restructures to focus more heavily on artificial intelligence and enterprise sales.
CEO Mike Cannon-Brookes shared the full internal memo publicly, acknowledging the difficulty of the decision while outlining support measures for affected staff. These include accelerated bonuses, a
$1,000 technology stipend, six months of extended healthcare coverage, and full payout of future parental-leave benefits.
The company said the move reflects how AI is reshaping the skills and roles needed across the business rather than simply replacing workers. Investors appeared to welcome the shift toward AI efficiency, with Atlassian shares rising in pre-market trading following the announcement, echoing similar market reactions to AI-driven layoffs at other tech firms.
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