Atlassian trims 1,600 roles to double down on AI

1 min read
Source: Reuters
Atlassian trims 1,600 roles to double down on AI
Photo: Reuters
TL;DR Summary

Atlassian said it will lay off about 1,600 employees (roughly 10%) to rebalance toward artificial intelligence and enterprise sales, with most cuts in North America. The restructuring will cost about $225‑$236 million and CTO Rajeev Rajan will step down by March 31; the plan is to be substantially complete by Q4 2026, while shares rose about 2% in after‑hours trading.

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