Software firm Atlassian to cut 1,600 jobs in AI pivot

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    "domain": "atlassian.com"
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  "data": {
    "url": "https://www.straitstimes.com/business/companies-markets/software-firm-atlassian-to-cut-1600-jobs-in-pivot-to-ai",
    "title": "Software firm Atlassian to cut 1,600 jobs in AI pivot",
    "excerpt": "Software firm Atlassian to cut 1,600 jobs in AI pivot.\n\nAtlassian has seen a steep sell-off in 2026, losing more than 50 per cent of its market value through regular trading on March 11.\n\nPHOTO: REUTERS\n\nPublished Mar 12, 2026, 07:26 AM\n\nUpdated Mar 12, 2026, 09:15 AM\n\nBengaluru - Atlassian on March 11 said it would lay off around 10 per cent of its workforce, or 1,600 employees, to push into artificial intelligence and enterprise sales.\n\nShares of the enterprise software company rose nearly 2 per cent in extended trading after Atlassian said it plans to \"rebalance\" its resources to focus on the \"future of teamwork in the AI era\".\n\nThe company said the majority of impacted employees are in North America, amounting to 40 per cent, followed by 30 per cent in Australia and 16 per cent in India.\n\n\"Our approach is not 'AI replaces people'. 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. It does,\" chief executive Mike Cannon-Brookes said in a memo to employees.\n\nThe move comes as investors increasingly scrutinise software firms amid fears that advances in AI could disrupt traditional software business models, though some analysts say the sector-wide sell-off may be an overreaction.\n\nTop executives at the World Economic Forum's annual meeting in January said that while jobs would disappear, new ones...",
    "summary": "Atlassian Corp. decreased headcount by 1600 on Mar 11th '26.",
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    "found_at": "2026-03-11T19:09:00Z",
    "location": "Bengaluru, India, Southern Asia, Asia",
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    "headcount": 1600,
    "image_url": "https://cassette.sphdigital.com.sg/image/straitstimes/0d603aae921c93ee3365eb917aaa419d3bb8689f18850dc7ae8857c3a8a1aaac",
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    "published_at": "2026-03-11T23:26:00Z",
    "location_data": [
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        "region": "Southern Asia",
        "country": "India",
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    "article_sentence": "Bengaluru - Atlassian on March 11 said it would lay off around 10 per cent of its workforce, or 1,600 employees, to push into artificial intelligence and enterprise sales."
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