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Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates

Last year, Atlassian CEO Mike Cannon-Brookes said that his company would have more engineers working for it in five years than it did then. Brendan McDermid/Reuters Atlassian CEO Mike Cannon-Brookes outlined the types of employees he focused on retaining during recent cuts. On Wednesday, the software company said it was laying off 1,600 workers to help fund its AI efforts. Along with high performers and those with transferable skills, he also wants to retain graduates. For recent graduates ...

11 Mar, 21:31 — 13 Mar, 07:45
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The Story

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Source Diversity

Source Diversity

Excellent (79/100)
8 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L1
Far Left (1)
The Guardian
Left3
Left (3)
indian-expressBusiness Insidersydney-morning-herald
Center2
Center (2)
forbesFT
Right2
Right (2)
Times of Indiastraits-times
Far R
Geographic diversity5 regions21/34
India2US2UK2Singapore1Australia1

Sources

Showing 8 of 8 sources
FTVery High150d ago

Atlassian cuts 10% of workforce to adapt to AI threat

Australian software company is latest technology company to axe roles

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The GuardianMostly Factual150d ago

Atlassian lays off 1,600 workers ahead of AI push

Australian company’s restructuring plan to push into artificial intelligence and enterprise sales Australian software giant Atlassian has announced it is laying off around 10% of its workforce, or roughly 1,600 positions, as part of a restructuring plan to push into artificial intelligence and enterprise sales. Shares of the company rose more than 4% in extended trading on the Nasdaq. Continue reading...

By Reuters

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Business InsiderMostly Factual150d ago

Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates

Last year, Atlassian CEO Mike Cannon-Brookes said that his company would have more engineers working for it in five years than it did then. Brendan McDermid/Reuters Atlassian CEO Mike Cannon-Brookes outlined the types of employees he focused on retaining during recent cuts. On Wednesday, the software company said it was laying off 1,600 workers to help fund its AI efforts. Along with high performers and those with transferable skills, he also wants to retain graduates. For recent graduates ...

Read full article →
forbes150d ago

Australian Billionaire Mike Cannon-Brookes’ Atlassian Cuts 1,600 Jobs Amid AI Push - Forbes

Australian Billionaire Mike Cannon-Brookes’ Atlassian Cuts 1,600 Jobs Amid AI Push  Forbes

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sydney-morning-heraldMostly Factual150d ago

‘I am deeply sorry’: Australian software giant Atlassian to cut 1600 workers, blaming AI - SMH.com.au

‘I am deeply sorry’: Australian software giant Atlassian to cut 1600 workers, blaming AI  SMH.com.au

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Times of IndiaMostly Factual150d ago

Atlassian layoffs: Sydney-based software company to cut 1,600 jobs

Australian software firm Atlassian is laying off 1,600 employees, 10 percent of its workforce. This includes Chief Technology Officer Rajeev Rajan. The company cites AI developments and a declining stock price as reasons for restructuring. Atlassian aims to self-fund AI investments and enterprise sales. The majority of job cuts are in North America, followed by Australia and India.

By TOI TECH DESK

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indian-expressMostly Factual149d ago

Atlassian lays off 1600 employees in AI push; CEO reveals 3 types of employees safe from job cuts

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straits-timesMostly Factual150d ago

Software firm Atlassian to cut 1,600 jobs in AI pivot - The Straits Times

Software firm Atlassian to cut 1,600 jobs in AI pivot  The Straits Times

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