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Tsunami of disruption: Why this Aussie tech giant is swinging the axe

Atlassian cuts 1,600 jobs to reduce costs amid 66% share price drop and AI-driven competition, aiming to invest further in AI and enterprise sales, CEO said.

The world’s most feared and revered technology, AI, has become Atlassian’s nemesis and its enabler.

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Bias Distribution

  • 100% of the sources lean Left
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Sydney Morning Herald broke the news in Sydney, Australia on Thursday, March 12, 2026.
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