Software giant Atlassian is cutting 10 per cent of its global workforce, or about 1600 employees, as the company led by billionaire chief executive Mike Cannon-Brookes is upended by AI turbulence.
Cannon-Brookes told staff on Thursday morning that AI was changing โthe mix of skills we needโ and โthe number of roles required in certain areas.โ
A spokeswoman said about 30 per cent of the impacted employees are based in Australia.
The companyโs share price is down 66 per cent over the past 12 months to $US75.45 ($105). Affected staff will receive a minimum 16-week separation package plus one additional week per year of service, extended healthcare cover for six months, and a $1000 technology payment.
David Swan is the technology editor for The Age and The Sydney Morning Herald. He was previously technology editor for The Australian newspaper.Connect via X or email.
