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Atlassian follows Block’s footsteps and cuts staff in the name of AI

Sagar5 months ago02 mins

Australian productivity software company Atlassian made layoffs as the company looks to invest more money in AI. Atlassian announced this Cut your workforce by 10%About 1,600 people on March 11. The company said the decision allows it to spend more money on AI, enterprise sales and strengthen its finances. More specifically, Atlassian said it is…

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  • Wall Street and Korea markets becoming more intertwined
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  • Anthropic CEO Dario Amodei isn’t advocating open-weight model ban
  • Jim Cramer warns AI’s circular financing frenzy echoes the dot-com bubble

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