Software company Atlassian is reducing its workforce by approximately 1,600 employees, which represents 10% of its global staff. This significant layoff is part of a strategic shift to prioritize artificial intelligence and enterprise sales. The majority of affected employees are located in North America. The company anticipates incurring substantial costs related to these workforce reductions and office space consolidation. Atlassian's CEO acknowledged that AI will alter the required skill sets and the number of roles in certain areas.
https://www.goodreturns.in/news/atlassian-layoffs-1-600-jobs-cut-as-software-jira-and-confluence-ai-artificial-intelligence-1495479.html