{"id":537308,"date":"2026-03-13T07:32:20","date_gmt":"2026-03-13T07:32:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/537308\/"},"modified":"2026-03-13T07:32:20","modified_gmt":"2026-03-13T07:32:20","slug":"atlassian-cuts-1600-jobs-from-global-workforce-as-ai-slashes-labour-needs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/537308\/","title":{"rendered":"Atlassian cuts 1,600 jobs from global workforce as AI slashes labour needs"},"content":{"rendered":"

Homegrown software giant Atlassian is cutting nearly 500 jobs from its Australian workforce as artificial intelligence slashes its labour needs and funds are sought to invest in the nascent technology.<\/p>\n

Chief executive Mike Cannon-Brookes broke the news that 10 per cent of the company’s global workforce, equating to 1,600 positions, would be let go in a pre-recorded video posted online.<\/p>\n

“We don’t make \u2014 I don’t make decisions like this lightly,” Mr Cannon-Brookes said.<\/p>\n

“I am deeply sorry for the disruption this creates in your life. Your impact and contributions here matter massively.<\/p>\n

“I made this call because I believe this is the right decision for Atlassian’s long-term health.”<\/p>\n

The company said it sent an email to employees within 20 minutes of the video being published to let them know if their role was impacted.<\/p>\n

Do you know more?<\/p>\n

If you have any information about the story, contact Tony Ibrahim<\/a>.<\/p>\n

Atlassian’s Australian workforce will account for 30 per cent of the global job cuts, with 480 roles being culled here.<\/p>\n

“We fundamentally believe people and AI create the best outcomes,” Mr Cannon-Brookes said in a post accompanying the video.<\/p>\n

“But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas.”<\/p>\n

Funds freed up by the labour cuts will “self-fund further investment in AI and enterprise sales”, he added.<\/p>\n

Impact of shifting technology landscape<\/p>\n

The cuts are another example of how AI is changing the workforce of businesses operating in Australia<\/a>, contributing to an emerging pattern of redundancies.<\/p>\n

Atlassian, a software company founded in Sydney in 2001 before listing on the NASDAQ in 2015, has a market capitalisation of about $US20 billion ($27.9 billion).<\/p>\n

\"Co-CEO<\/p>\n

Atlassian co-CEO Mike Cannon-Brookes announced the job cuts. (AAP:\u00a0Dan Himbrechts)<\/p>\n

But the shifting technology landscape has seen it shed two-thirds of its value in the last year, dropping from $US221 to $US75.45 a share.<\/p>\n

Last financial year, it made $US5.2 billion in revenue and generated $US1.4 billion in free cash flow.<\/p>\n

\"The<\/p>\n

A new Atlassian headquarters is being built next to Sydney’s Central Station. (ABC News: Adam Griffiths)<\/p>\n

The cuts to its local workforce come as the construction progresses on Atlassian Central, a 38-storey high rise that is anchoring Sydney’s burgeoning technology district.<\/p>\n

The office tower, located next to Sydney’s Central Station, is zoned for mixed use, allowing parts of it to be rented out to other businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"Homegrown software giant Atlassian is cutting nearly 500 jobs from its Australian workforce as artificial intelligence slashes its…\n","protected":false},"author":2,"featured_media":537309,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[266466,266465,256,28587,254,255,29514,266461,266462,266457,266463,266464,266460,266467,266459,64,63,29512,2733,266458,105],"class_list":["post-537308","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-1600-jobs-cut","tag-480-jobs-cut","tag-ai","tag-ai-job-cuts","tag-artificial-intelligence","tag-artificialintelligence","tag-atlassian","tag-atlassian-ai","tag-atlassian-artificial-intelligence","tag-atlassian-job-cuts","tag-atlassian-job-cuts-australia","tag-atlassian-job-cuts-global","tag-atlassian-mike-cannon-brookes","tag-atlassian-office-sydney","tag-atlassian-sydney","tag-au","tag-australia","tag-mike-cannon-brookes","tag-nsw","tag-sydney-jobs","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/537308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=537308"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/537308\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/537309"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=537308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=537308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=537308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}