Atlassian CEO: AI doesn't replace people here, but we're firing them anyway
Summary
Atlassian plans to lay off about 1,600 employees (roughly 10% of staff) to self-fund AI investments, while the CEO says AI won't replace people. The move, supported by an SEC filing, highlights shifts in skill needs and roles, and is discussed alongside Guardian reporting and Atlassian's AI tool Rovo and cloud growth. The news has driven stock price declines and sparked broader questions about SaaS business models in the era of AI.