- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Software giant Atlassian has announced it is laying off about 10% of its workforce, or roughly 1,600 positions, and replacing its chief technology officer as it restructures to invest further in artificial intelligence.
Shares of the company rose more than 4% in extended trading on the Nasdaq.
The company’s co-founder, Mike Cannon-Brookes, told employees the move was “the right decision for Atlassian” in a note circulated late Wednesday, US time.
“But that doesn’t mean it’s easy,” he said. “Far from it. I know this has a huge impact on each of you, and it weighs heavily on me and Atlassian today.”
About 640 affected employees are in North America, 480 in Australia and 250 in India, with the remainder spread across Japan, the Philippines, Europe, the Middle East and Africa, a spokesperson said.
You must log in or register to comment.
Maybe if they spent more time fixing 12 year old data corruption bugs instead of chasing AI slop…
It’s Atlassian, which we call Half-Assed-ian. They make Flatulence and Jeer-a.
Most notable part for me in the article was not the AI stuff … but that Atlassian has never been profitable.
Not surprising for a tech company. But for one as big and kinda foundational in the service it provides … I found it surprising. Imagine if MS or Apple or Google were never profitable and companies were just entirely reliant on their services!
Couple that with how little love anyone has for Jira/confluence … and yea … good luck with that Atlassian.
I hate the AI thing in confluence. Stop asking me to improve writing or summarize. I know how to read and write.
You can turn that off.
No, I like to know how to read and write.
Sinking profit - > cut operations costs -> sell it to investors as investments in ai / or increasing productivity with ai or bla bla ai. So company is sinking , but stock price is up… placebo economics
Is it really because of the AI or because we’re going into a quiet recession?
Both, honestly. It’s also because people are realizing that they hate Jira.
Jira sucks so much
Hello, I just wanted to say that I hate Jira.
If they’re going all in AI then they’re gonna have to do better that their barely adequate Rovo chat feature.
