Atlassian Shares Plummet Amid AI Sell-off and Workforce Reduction

Australian software maker Atlassian has seen its shares fall by over 50% following an AI-related market sell-off, compounded by the company's decision to cut 10% of its workforce.

20 Mar, 04:24 — 20 Mar, 04:24

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FTVery High151d ago

AI sell-off’s worst-hit company grapples with existential threat

Shares of Australian software maker Atlassian have fallen by more than half as tech group cuts 10% of workforce

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Atlassian Shares Plummet Amid AI Sell-off and Workforce Reduction

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AI sell-off’s worst-hit company grapples with existential threat

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