‘Devastating blow’: Atlassian lays off 1,600 workers ahead of AI push
Software giant Atlassian has announced it is laying off about 10% of its workforce, or roughly 1,600 positions, and replacing its chief technology officer as it restructures to invest further in artificial intelligence.Shares of the company rose more than 4% in extended trading on the Nasdaq.
The company’s co-founder, Mike Cannon-Brookes, told employees the move was “the right decision for Atlassian” in a note circulated late Wednesday, US time.
“But that doesn’t mean it’s easy,” he said. “Far from it. I know this has a huge impact on each of you, and it weighs heavily on me and Atlassian today.”
About 640 affected employees are in North America, 480 in Australia and 250 in India, with the remainder spread across Japan, the Philippines, Europe, the Middle East and Africa, a spokesperson said.
‘Devastating blow’: Atlassian lays off 1,600 workers ahead of AI push
Layoffs to affect 10% of workforce amid Australian company’s restructuring plan to push into artificial intelligence and enterprise salesLuca Ittimani (The Guardian)
like this
tracyspcy
in reply to Powderhorn • • •So company is sinking , but stock price is up… placebo economics
henfredemars
in reply to Powderhorn • • •wildncrazyguy138
in reply to Powderhorn • • •deegeese
in reply to Powderhorn • • •Loading...
jira.atlassian.comcorsicanguppy
in reply to deegeese • • •t3rmit3
in reply to corsicanguppy • • •*laughing as Atlassian dies*
“I guess I was the…”
*puts on sunglasses*
“jeer-a all along.”
like this
numbermess likes this.
Scott
in reply to t3rmit3 • • •rammer
in reply to deegeese • • •maegul (he/they)
in reply to Powderhorn • • •Most notable part for me in the article was not the AI stuff … but that Atlassian has never been profitable.
Not surprising for a tech company. But for one as big and kinda foundational in the service it provides … I found it surprising. Imagine if MS or Apple or Google were never profitable and companies were just entirely reliant on their services!
Couple that with how little love anyone has for Jira/confluence … and yea … good luck with that Atlassian.
nbailey
in reply to Powderhorn • • •I spent weeks moving a company’s decades-long history from on-prem to their cloud after they EOL’d their self hosted products. What a letdown. Somehow a multibillion dollar company can’t compete with an ancient quad core server shoved in a coat closet when it comes to page load times.
The constant upselling for their shite AI products drives me crazy. And the worst part is the elements are dynamic and uBlock can’t consistently kill it. Ugh.
t3rmit3
in reply to nbailey • • •To be fair, it's nearly impossible for remote sites to beat on-prem page load times, given the added per-component transit times over the internet.
nbailey
in reply to t3rmit3 • • •Totally true, but I’m talking an order of magnitude or two difference…
A query returning ~100 jira tickets would take about 250-300ms on our old beater running Postgres on busted old SAS drives shared with a bunch of other crap. Seek times were atrocious but not catastrophic. It usually didn’t timeout, and only crashed once in a while.
Sunning the same search on jira cloud now takes 2-3 seconds, often even more because the page first has to load 20 MB of JavaScript bullshit. Time from clicking a link to seeing information is so long you’ve got enough time to take a sip and put the coffee down.
Like I get it, distributed systems are hard. And having a multi tenant system as big as they run is probably crazy complicated. But come on, there’s no excuse for that level of consistently bad performance!!
Powderhorn
in reply to t3rmit3 • • •t3rmit3
in reply to Powderhorn • • •*laughing as Atlassian dies*
"I guess I was the..."
*puts on sunglasses*
"jeer-a all along."
https://aussie.zone/u/NigelFrobisher
in reply to Powderhorn • • •kibiz0r
in reply to Powderhorn • • •Oh hey, it’s vibe reporting again.
Notice how it’s not “fired because of AI”, but “fired amid AI push”. They really wanna sell readers a particular story, but they know there’s a journalistic line they can’t cross (yet), so they put two pieces of information next to each other and encourage you to fill in the gaps.
This technique is everywhere.
- YouTube
youtube.comShaggySnacks
in reply to Powderhorn • • •Mike Cannon-Brookes
Mike Cannon-Brookes (Forbes)DragonTypeWyvern
in reply to Powderhorn • • •Powderhorn
in reply to DragonTypeWyvern • • •Kichae
in reply to Powderhorn • • •