By David Swan
Publication Date: 2026-03-11 21:31:00
Updated ,published for the first time
Software giant Atlassian is cutting 10 percent of its global workforce, or about 1,600 employees, as the company led by billionaire CEO Mike Cannon-Brookes is hit by AI turmoil.
Cannon-Brookes told employees Thursday morning that AI is changing “the mix of skills we need” and “the number of roles required in certain areas.”
A spokeswoman said about 30 percent of affected employees were based in Australia.
The company’s share price has fallen 66 percent to $75.45 ($105) in the past 12 months. Affected employees will receive a minimum 16-week separation package plus one additional week per year of service, extended…
