Atlassian cuts 10% of workforce to adapt to AI threat
Australian software company is latest technology company to axe roles
Australian software company is latest technology company to axe roles

Shares of Australian software maker Atlassian have fallen by more than half as Nasdaq 100 group cuts 10% of workforce

Companies are preparing for a time where there might be less work for their employees

Group’s shares surge 25% as CEO says ‘most companies are late’ to realise how much technology will affect employment

Sector companies are seeking to show that time saved on one-off tasks can translate into real-world business value

Whether or not new technologies can perform a task is only a tiny part of the picture

Junior roles most likely to be axed in the next year, according to a survey of British employers