Atlassian Cuts 1,600 Jobs to Fund Its AI Bet
Atlassian grew revenue 26 per cent while cutting about 1,600 jobs in March to self-fund AI investment, then bought back $348 million of stock.
By The Tech & Ideas Desk • 7 min read
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Atlassian grew revenue 26 per cent while cutting about 1,600 jobs in March to self-fund AI investment, then bought back $348 million of stock.