Atlassian is betting big on artificial intelligence (AI) to enhance its popular software products like Jira and Confluence. Atlassian's revenue growth is slowing, but the company has a very bullish ...
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Atlassian, the Australian-American software company behind tools like Jira and Confluence, has announced that it would lay off roughly 1,600 employees, about 10% of its global workforce.
What Happened: Atlassian announced fourth-quarter revenue of $1.38 billion, up 22% year-over-year. The revenue beat a Street consensus estimate of $1.36 billion according to data from Benzinga Pro.
Australian software firm Atlassian will cut about 1,600 jobs globally, including 250 in India, as it restructures to invest ...