Atlassian to Reduce 1,600 Jobs in the Latest AI-Linked Cuts (1)

Atlassian Corp. plans to cut 1,600 jobs or a 10th of its global workforce, joining rivals in slashing staffing to cope with the advent of AI and a broader post-Covid industry slowdown.

Australian billionaire founder Mike Cannon-Brookes explained the reductions in a staff memo, while also announcing his chief technology officer was leaving the Sydney-based company.

The reductions are the latest AI-linked cuts in the software industry and beyond, as companies across the globe adapt to an era in which the technology can handle many of the tasks thus far performed by humans. Still, companies are also facing skepticism ...