Overview
- The company says the reductions, roughly 10% of staff, will help self-fund AI development and enterprise sales, with most actions completed by the end of June according to an SEC filing.
- Atlassian expects $225 million to $236 million in restructuring charges, largely recorded in the current third quarter, covering severance and office space exits.
- Chief technology officer Rajeev Rajan will step down effective March 31 as the company reorients its engineering plans for an AI-first roadmap.
- Cuts are heavily weighted to technical roles, including more than 900 positions in software R&D; about 40% of layoffs are in North America, 30% in Australia (≈480 roles), and around 16% in India.
- Impacted employees were notified within minutes and will receive at least 16 weeks of pay with additional benefits and a $1,000 technology stipend; shares rose roughly 1%–4% in extended trading.