Atlassian to Reduce Workforce by 1,600, Prioritizing AI and Enterprise Expansion

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Atlassian Cuts 1,600 Jobs, Shifts Focus to AI and Enterprise Growth

The announcement initially reassured investors, with Atlassian’s shares rising by around 2% in extended trading following the news.

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Storyboard•18-03-2026, 10:47

Atlassian Cuts 1,600 Jobs, Shifts Focus to AI and Enterprise Growth

•Atlassian announced a 10% workforce reduction, affecting approximately 1,600 employees globally.
•The layoffs aim to self-fund increased investments in AI technologies and enterprise-focused products.
•CEO Mike Cannon-Brookes stated the restructuring is a necessary step to strengthen long-term strategy.
•Leadership changes include Rajeev Rajan stepping down, with Taroon Mandhana and Vikram Rao taking new CTO roles.
•Affected employees will receive 16 weeks severance, pro-rated bonuses, and a $1,000 technology payment.

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