By David Swan,Kishor Napier-Raman,Tim Biggs
Publication Date: 2026-03-13 18:00:00
When Atlassian announced Thursday morning that it would cut 10 percent of its global workforce, other founders and tech industry insiders were surprised. Surprised the cuts weren’t deeper.
As a result, “I think we’re going to end up seeing many more waves of layoffs (at Atlassian),” says one founder.
While they sympathized with employees, industry officials have long viewed Atlassian as bloated: throwing lavish parties, hiring quickly and building a $1.4 billion office tower next to Sydney Central Station, all while allowing employees to work from anywhere.
But despite facing a major AI threat, Australia’s largest tech company showed confidence…
