Atlassian co-founders Scott Farquhar (left) and Mike Cannon-Brookes / Photo credit: Atlassian
Australia-based Atlassian, which provides workplace collaboration software, has laid off 500 people or 5% of its staff.
This comes after a reorganization prompted by the current economic downturn, co-founders and co-CEOs Mike Cannon-Brookes and Scott Farquhar announced in a post.
According to its LinkedIn page, Atlassian has about 7,000 employees who serve more than 250,000 customers. This is after the company bolstered its hiring efforts in October 2022.
The firm said that some of its most impacted teams include talent acquisition, program management, and research and insights.
The co-founders said that Atlassian will be reinvesting in roles that “better support our priorities.”
“We have massive growth opportunities in front of us, particularly across cloud migrations, IT service management, and serving our enterprise customers in the cloud,” they added, reiterating that the move was not a “financially-driven reduction.”
See also: Asia layoff tracker: Alibaba cuts nearly 20,000 jobs in 2022
Founded in 2002, the Nasdaq-listed company provides collaboration tools for teams. Its suite includes project tracking, content collaboration, and software delivery and operations.
In 2021, Atlassian acquired ThinkTilt, the creator of no-code or low-code form builder ProForma.
Editing by Thu Huong Le and Lorenzo Kyle Subido
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
