Enterprise collaboration software program large Atlassian is shedding 63 employees in Washington, in line with a WARN discover filed with state regulators.
Atlassian introduced Wednesday that it’s going to lay off about 10% of its employees, or 1,600 staff, because the 24-year-old software program agency transitions to an “AI-first firm.” Atlassian CEO Mike Cannon-Brookes wrote that AI is altering the combination of expertise and variety of roles required in sure areas.
“That is primarily about adaptation,” he mentioned. “We’re reshaping our talent combine and altering how we work to construct for the longer term.”
Atlassian opened an workplace in Bellevue, Wash., in 2024. The WARN discover signifies that almost all the staff affected by layoffs in Washington state are distant employees. About half of the affected employees are in engineering or knowledge science roles.
The corporate additionally introduced Wednesday that CTO Rajeev Rajan, who relies within the Seattle area, will step down after practically 4 years with Atlassian. “Atlassian is grateful for Mr. Rajan’s many contributions in constructing a world-class R&D group and congratulates the promotion of subsequent era AI expertise in Taroon Mandhana (CTO Teamwork) and Vikram Rao (CTO Enterprise and Chief Belief Officer),” the corporate wrote in a SEC submitting.
Rajan was beforehand a VP of engineering at Meta and led the the corporate’s Pacific Northwest engineering hub. He additionally spent greater than twenty years at Microsoft in numerous management roles.
A number of tech firms have minimize employees within the Seattle space this 12 months, together with Amazon, Expedia, T-Cellular, and Smartsheet. Many firms are slashing headcount to handle pandemic-fueled company “bloat” whereas juggling financial uncertainty and impression from AI instruments.
The latest rise of AI instruments have additionally spooked some traders as some software program shares have taken a success. Atlassian shares are down greater than 50% this 12 months.
