Atlassian laid off 1,600 employees (10% of workforce) and CTO stepped down, citing need to fund AI and enterprise investments
Mar 11, 2026On March 11, 2026, Atlassian announced 1,600 layoffs — 10% of its workforce — to 'self-fund' AI and enterprise sales investments. CTO Rajeev Rajan will step down effective March 31. North America bore the largest share at 40% of cuts. Restructuring costs are estimated at $225-236 million. The company offered minimum 16-week severance packages plus healthcare continuation.