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Atlassian to cut roughly 1,600 jobs in pivot to AI
- eek2121 7mo agoThis is fine. I suspect many folks have been trying to get away from JIRA and related apps for a while now. chef's kiss
- bastardoperator 7mo agoIf a shop tells me they use Atlassian/Jira I see that as a big negative.
- laughing_man 7mo agoI'm retired now, but if I were looking for a job I'd try to find a company not using Atlassian products. In theory you're not supposed to use them as a (micro-) management tool, but companies like to do just that.
- kstrauser 7mo agoI’ve written on this. Jira is a code smell. The only people I’ve ever known who liked it were the people I don’t want to deal with. It’s a dream tool for someone who wants to make a career out of looking busy and inventing process, and a nightmare to everyone else. Its presence in an org tells me, in italic capitals, that this is going to hurt.
- torben-friis 7mo ago[flagged]
- jamesliudotcc 7mo agoThe link is wrong. It should be https://www.reuters.com/technology/atlassian-lay-off-about-1600-people-pivot-ai-2026-03-11/ https://www.reuters.com/technology/atlassian-lay-off-about-1... @dang
- TutleCpt 7mo agoWhere are the most popular alternatives to Jira?
- fsloth 7mo agoLinear is pretty nice IMO otoh have not experienced it at megacorp scale.
- hlpn 7mo agoLinear is great
- TutleCpt 7mo agoThanks. Checking them out now https://linear.app https://linear.app.
- pm90 7mo agoSecond this. Funnily, their AI is pretty good... recently I accidentally created a dupe ticket; linear AI realized that, labeled it as a dupe instantly after I created an issue. Fuck JIRA and confluence to hell.
- tombert 7mo agoI don't know if it's "popular", but I use Clickup at work and I think it's generally fine. At least when I have used it it's less laggy and horrible than Jira.
- antonymoose 7mo agoWhat do you need out of Jira? Most any firm I’ve worked for could replace it with Trello or any Kanban style tool in a heartbeat.
- MikeNotThePope 7mo agoIt's worth pointing out that Trello has been owned by Atlassian since 2017.
- 7mo ago
- tombert 7mo agoPlease don't tell me that Jira is about to get even worse... I don't understand the AI layoffs; there's always an infinite supply of new work that could be done. Instead of firing 1600 people, why not have all of them use AI to produce more stuff and outrun their competitors. Presumably all their competitors also know about Claude as well, and a lot of these 1600 people will go work for them and use Claude. Unless this is just regular layoffs, but they know if they brand it as "AI" their investors will eat it up.
- verelo 7mo agoIt's likely not all this, but i expect an element is: there is a meaningful number of people essentially refusing to work with AI. Antidotal but I have spoken to friends at Google who are telling me many co-workers say "I tried it didn't work, ill do it myself" when really they just didn't try very hard at all.
- piker 7mo agoThat would be a stupid reason to fire someone when the jury is still out on the net productivity benefits of using AI to code at scale.
- verelo 7mo agoSure, but would that really surprise you? Edit: that is to say, if you had a % of your workforce avoiding helping you explore a current trend (valuable or not tbd sure), I can see rational arguments around removing them from the team.
- mekael 7mo agoIf, as a member of the c-suite, I find that a noticeable percentage of my company's workforce isn't "helping to explorer a current trend" then either they know something I don't or I haven't given them the time/methods by which to explore. The latter is actually the more pertinent item, as I've seen several times that an initiative get rolled out by leadership, some teams have free time to play around and use it, and other teams have so much on their plate that they're barely able to keep their heads above water, let alone take on another experiment. If someone is worried about getting a project knocked out by end of month/quarter/year in order to keep their job, they're not going to mess about. Now, that's a leadership failure, but it happens more often than not.
- stego-tech 7mo agoWelp. Fuck Atlassian. Their resistance towards arbitrary RTO mandates and a people-first culture had me tolerate the weirdness of JIRA and Confluence, but now? Fuck ‘em. Rolling my own using shelfware, kthxbai.
- heohk 7mo agoWhat does the "incur $230 million in charges" mean? Why would it cost them money to lay people off and have less office space? Possibly a bad LLM edit; maybe they meant to say would save $230 million through reduced headcount and less office space?
- piker 7mo agoA charitable take would be that some of that is attributable to benefits packages to help the people transition to new work?
- arthurcolle 7mo agopossibly the spending required to do all the severances
- natnat 7mo agoIt's the severance cost, mostly.
- deleted 7mo ago[deleted]
- bombcar 7mo agoUsually layoffs have a one-time charge associated with closures and severance and other such payments (COBRA?). But $230 million over 1,600 is $145k per person.
- icedchai 7mo ago
- tigerlily 7mo agoThe Druuge Mauler chugs on.
- cheriot 7mo agoDoes Atlassian still have the tech debt that lead to extended outages? https://newsletter.pragmaticengineer.com/p/scoop-atlassian https://newsletter.pragmaticengineer.com/p/scoop-atlassian
- ShinTakuya 7mo agoNo, there was a big internal project (which they communicated publicly about - search for the blogs relating to it) to address it that involved roughly a year of effort from a big chunk of the developers.
- cheriot 7mo agoThanks. Do you have a view on whether the project went far enough?
- alexpotato 7mo agoChartr Daily had this chart [0] back in 2023 and it shows how much the big tech firms grew from 2016 to 2022. Some of the firms, Apple being the exception, doubled or even almost tripled in size. I'm sure AI is partly to blame here but I think a lot of it is over hiring and firms just getting bogged down in bureaucracy and trying to clear things out. 0 - https://www.instagram.com/p/CnxN-Mayo3N/ https://www.instagram.com/p/CnxN-Mayo3N/
- MeetingsBrowser 7mo agoI don't think AI is even partially to blame. Unless Atlassian is claiming AI can fully replace 1,600 workers, layoffs don't make sense. You need people driving AI to get the benefits. Its like a courier service that uses horses firing people once cars are invented because cars are faster than horses. You would switch everyone from horses to cars and deliver more packages.
- sally_glance 7mo agoGood point, but what if you were previously chaining horse carriage rides and now a car can cover the same distance as 10 of them with a single driver?
- MeetingsBrowser 7mo agoYou can now deliver 10x the packages and make 10x money. What healthy business aims to stagnate in the face of a revolutionary technology?
- sally_glance 7mo agoI don't know, maximum package turnover might be bounded and most likely you were previously not constrained by lack of drivers already... Sure you might try and expand but why would that work better than before? Especially assuming all other providers now also have cars.
- behehebd 7mo ago
- mjfisher 7mo agoCan anyone recommend good alternatives to Jira? Things that keep me defaulting to it: - Scales well from simple configuration and workflows to more complex multiboard views/custom fields/layouts per issue type etc - Good OOTB integration with common CI/CD - see PRs, deploys etc from each ticket - Good (adequate?) integration with their wiki in Confluence - JQL for being able to do custom reporting tooling (get me all issues transitioned to X status in this time period) Things that frustrate me: - Complexity/UI around configuration - Very poor kanban metrics reporting
- esskay 7mo agoNotepad. Seriously, you need a heck of a lot more than a random HN reply to give you Jira alternatives if you've been embedded into its ecosystem for any length of time - and my condolences if you have.
- mjfisher 7mo agoIt's fine, just not stellar. It was terrible (UX, speed, consistency) ten years ago. It's better now - mostly gets out of people's way and just works. It doesn't delight me.
- p0u4a 7mo agoLinear
- lousken 7mo agoWe've switched to Jetbrains Youtrack, it doesn't have as many features, but turns out nobody was using most of them anyway. It's Jira + Confluence bundled together including SSO.
- kgeist 7mo agoWe (~200 devs) migrated from Jira to Youtrack 10 years ago, and its functionality has been more than enough. Honestly, I don't remember anyone ever seriously complaining about it, aside from maybe a few nitpicks. A very solid product.
- gnulinux996 7mo agoMy reading is they are _announcing_ the job cuts to keep the stock from tumbling. I don't think any AI productivity gains are involved.
- TesterVetter 7mo ago[dead]
- lousken 7mo agoShould've sent those 1600 people to fix their horrible performance of cloud apps, oh well I guess opening a jira ticket will now take not 5 but 10 seconds.
- MeetingsBrowser 7mo agoLayoffs because of AI make no sense to me. Imagine you own a company that is paid to deliver packages. You use horses and differentiate by delivering quicker than everyone else. Then cars are invented and everyone starts delivering packages faster. In what world does a healthy growing business react to this by laying off couriers "in a pivot to automotive transportation". Would a healthy business not switch everyone to driving cars and deliver even more packages?
- falcor84 7mo agoYou need a very different skill set and culture for driving and maintaining cars than for driving and maintaining horses. I honestly think that for big changes like this (if you are willing to accept that AI is such), looking at it from the portfolio management angle, it makes more sense to just nuke the current operation and start a greenfield one.
- mempko 7mo agoSenior engineers have been 'vibe coding' for over a decade before AI. Think what they do, they look at PRs all day and comment. Magically the code change reflecting their comments. It's the same thing now but machines are doing it, not humans. The issue is that junior engineers have no experience working like senior engineers. The reality is that it's not that hard to work in this way. There is no excuse for software companies not being able to re-train their more junior engineers to work this way.
- falcor84 7mo agoThat's a very nice analogy. I agree and thinking about my previous comment, I suppose I just lashed out because I really dislike Jira the product and don't think that it can be salvaged, but I don't have anything against the engineers working there, and agree that they can be mentored and reassigned to a product where they'd be able to create something good.
- selcuka 7mo ago> it makes more sense to just nuke the current operation and start a greenfield one Why? What was wrong with the 1600 people they sacked? Do they have a magical 1600-person hire pool with the AI skills they want?
- the_real_cher 7mo agoIronically you can actually use AI to replace Jira.
- elzbardico 7mo agoAtlassian is cutting another 1600 jobs because it needs to cut more jobs as it is a dying company with terrible products. But let's try to spin it up as if we were some kind of AI mavens who are reaping humongous increases in productivity due to our thought leadership in AI.
- stackedinserter 7mo agoAtlassian is very far from "dying"
- deleted 7mo ago[deleted]
- gfiorav 7mo ago95% of these announcements are exactly how you say. There're just too many incentives to layoff and call it AI: - CEO (under pressure to move in the AI space) comes across as an AI maven - The shareholders improve margins I think we're reeling from rate increases. Too much free money for too long.
- Rapzid 7mo agoTBF they have made major improvements, IMHO, to Jira and Confluence over the past few years.
- 000ooo000 7mo agoAnything in particular? I first used it about 10 years ago, on prem, and am currently using the cloud version. Current edition is clunky, slow, and constantly badgers me with Rovo shit I can't disable. IMHO, it reeks of a product once built by and for technical people that eventually got dumbed down by POs to the point of being painful for the original users. Obviously I'm no longer the target user because I assume someone somewhere appreciates these changes.
- Rapzid 7mo ago
- rvz 7mo agoThis is AGI.
- KnuthIsGod 7mo agoAI is great ! It is a great excuse for underperforming and incompetent CEOs. It provides the CEO with a wonderful excuse for sacking people.
- deleted 7mo ago[deleted]
- karim79 7mo agoI see. So AI is reducing the number of jobs in the tech sector because fewer people are needed to ship stuff (thanks to AI). And since fewer people are needed across the tech sector then we don't need things like Jira anymore because it can all be done on post-its or Google sheets or something, so there's no need for Atlassian accounts anymore. And Atlassian can now do more with less thanks to AI. I can't wait for Atlassian physical sticky-notes to take over. [Edit: grammo and formatting]
- bdcravens 7mo agoIn many cases, sticky notes are more productive.
- thoman23 7mo agoWhere "many cases" all involve a team of 2 to 5 people working together in the same room and never bringing work home.
- sanswork 7mo agoI'm pretty confident though with no solid evidence if you lower the first number by 1 you are describing the vast majority of employed programmers in the world.
- deleted 7mo ago[deleted]
- oliyoung 7mo agowait, can you _see_ my desk right now?
- llbbdd 7mo agoDragging a card to the "Done" column just doesn't hit as hard as crumpling up a sticky note and yeeting it.
- nunez 7mo agoAnd really hard to coordinate with remote teams. I say this as a lover of sticky notes.
- cmiles8 7mo agoI don’t think anyone believes this is because they are becoming more efficient because of AI. It may be a bit because AI makes their products even less attractive than they already were.
- KnuthIsGod 7mo agoTLDR: Dying company with terrible products uses AI as an excuse for sacking people who should have been sacked years ago. AI is a convenient way to hide their their poor strategy and execution.
- TheAtomic 7mo ago10% of their workforce roughly.
- simonw 7mo agoHas anyone seen any hints as to the role make up of those 1,600 jobs? Would be interesting to know if they are majority engineering, or if that's a lot of sales and marketing and support and other roles in there.
- Maxious 7mo agoEngineering including CTO. The makeup of Australian staff cannot be immediately decided due to local workplace rights laws requiring genuine consultation. > The union representing Atlassian workers, Professionals Australia, said impacted employees were told on Thursday, with a consultation process to last until 19 March and final termination expected on 2 April. https://www.theguardian.com/technology/2026/mar/12/atlassian-layoffs-software-technology-ai-push-mike-cannon-brookes-asx https://www.theguardian.com/technology/2026/mar/12/atlassian...
- simonw 7mo agoGood link, thanks: > More than 900 affected positions were involved in software research and development, a spokesperson said. Most of Atlassian’s employees work in software engineering and design, accounting for over 50% of its 13,813 full-time workforce in June 2025. Seems to me like this detail is particularly important though: > [Atlassian] is not profitable and has recorded millions in losses every year since 2017, including a net loss of US$42m in the last three months of 2025, up from US$38m the prior year.
- notfried 7mo agoIf they are paying them 6-month severances like Block did, this means they are effectively saying 1,600 people for 6-months wouldn't have fixed JIRA's usability and performance, which if they could have done like many have been begging, they'd would probably make more money long-term than this firing would save.
- dozerly 7mo agoI wholeheartedly believe that they could not have fixed it with 9,600 people months of work. They haven’t been able to fix it with many multiples of that.
- fyrn_ 7mo agoThey need to just clean slate start from skratch. I don't believe that code base can be saved. AI means it's easy to copy any SAAS now right? so should be easy /s
- Octoth0rpe 7mo ago> They haven’t been able to fix it with many multiples of that. which may actually be the problem. I suspect that there is actually some ideal ratio that could be calculated of Input Fields / Dev, LoC / Devs, or maybe Unique Pages / Dev, or some mix of all of the above. Some of the metrics I hear out of places like airbnb absolutely blow my mind (>5000 engineers! wtaf are they all doing?!?). I can sort of see the #s at google, MS making sense given the breadth of the problems they are solving, but other places, not so much.
- jiggawatts 7mo agoThere was an interview with a lead tech at Uber about this some years ago, with the conversation starting with "why is the app so bloated!?" (in terms of megabytes) and his answer also answers your question: The smooth and simple interface of the Uber app is the tip of the iceberg. His example was that their users don't (and won't) reinstall the app because they travel overseas. If anything, the time when you've just stepped out of an airport is precisely when you want the app to work smoothly! The hiccup is that many countries have their own payment systems, Byzantine tax codes where this may or may not be displayed up front to the user (in various currencies and formats), there may be local laws around taxi-like services, etc... Some of those laws apply to areas smaller than a city, or may apply only to airport pickups, or the CBD area during congestion, so on and so forth. The "core" app might be a simple thing that you can bang out over a weekend with an AI and a decent UI framework, but then you need to "draw the rest of the owl". Don't forget that there must be a matching app for the drivers! Different categories of drivers offering services that may be local to a region and totally absent elsewhere: rikshaws, tuk-tuks, taxi boats in Venice, and who knows what else! AirBnB is very similar to Uber in this respect. They have to deal with about a hundred countries worth of law, often down to the state level. There's fraud detection. Customer support. Integration with travel agencies. Government-mandated reporting. Etc, etc...
- kanyesrthaker 7mo agoThe 1,600 number blew my mind, and then I realized Atlassian employs almost 16,000. Kind of crazy. Either way, I'd expect that those 1,600 people using AI to solve Atlassian's big problems would be better for the company in the long-run than reducing headcount with the same level of output
- cobbzilla 7mo agotickets: Linear over Jira every day KB: Notion over Confluence no question Just a couple examples, you could swap a dozen other better vendors in either category. What does Atlassian have but inertial lock-in to keep them going?
- pm90 7mo agoIts weird to hear Atlassian being associated with productivity boosts of any kind considering the zillions of developer hours wasted trying to navigate JIRA.
- rchaud 7mo agoAI reduces the need for expensive labor, payroll taxes and health insurance premiums, yet the cost of the company's service keeps going up. How does that happen?
- dgudkov 7mo agoApparently, shareholders want more profit.
- esafak 7mo agoBecause you presumably did the same and now have more money to spend!
- allovertheworld 7mo agoBecause cost of AI goes up since it’s an external service
- yubainu 7mo ago[flagged]
- teeray 7mo ago> I worry that everything in society will become uniform That’s why “slop” is so appropriate. It’s the runoff from the taps poured into a glass. Tastes like everything, nothing, definitely not pleasing, probably cheap, still effective at getting you inebriated.
- 1313ed01 7mo agoI do not see any reason to not believe Vince Gilligan saying coming up with Pluribus pre-AI and that it is not about AI, but it was impossible to watch that show without thinking about what a great metaphor it is for living surrounded by humans using AI to think and write for them.
- ChrisArchitect 7mo agoOfficial post: https://www.atlassian.com/blog/announcements/atlassian-team-update-march-2026 https://www.atlassian.com/blog/announcements/atlassian-team-... (https://news.ycombinator.com/item?id=47342835 https://news.ycombinator.com/item?id=47342835)
- nickvec 7mo agoIs there a site that can be used to track which companies have done layoffs thus far because of AI-adjacent reasons?
- firecall 7mo ago... all of them at this point? ;-) Be interesting to see the numbers graphed over time. Funny thing about AI layoffs is the cloud cover it provides to do it. Which I know is not a fresh insight. :-) In HR speak, if you 'reduce headcount' because you over hired or needed to cut costs, then that's a bad signal to the markets. If you do it because of AI efficiencies, you are an innovative industry leader and your stock goes up. Atlassian stock up 2% on the news :-/
- avrionov 7mo agoThis is the best site: https://layoffs.fyi/ https://layoffs.fyi/ We don't really know, if the layoffs are because of AI. https://www.thelayoff.com/ https://www.thelayoff.com/ - This site is a discussion forum, some fake information before the actual layoffs.
- throwaway85825 7mo agoIn the 90s and oughts everything was insecure by default. It was the golden age of teenage hackers. AI is ushering in a new golden age of insecure by default software.
- pokstad 7mo agoAtlassian is cutting jobs because no new sane company wants to use their products. Confluence was once innovative but now has gone stale. Jira is a nightmare and is most ripe for the AI based replacement. Bitbucket is a neglected product that has lost ground to GitHub and GitLab. The writing has been on the wall for Atlassian for years.
- dahdum 7mo agoThe peak was right before they launched marketplace in my opinion (2013?). After that they had no incentive to improve Jira/Confluence, easier to take the marketplace cut. I could never understand why they couldn’t solve the speed issues though. It just got worse and worse.
- SV_BubbleTime 7mo agoAs digital post-it notes, I’m not sure how I would replace Trello with AI. But otherwise I think your going to get mass agreement that Atlassian is running into the ground.
- mattdm 7mo agoJira is, uh, not my favorite software (ask my manager), but "AI-based replacement Jira" is the worst AI thing I've heard, and that's saying _a lot_.
- FireBeyond 7mo agoIf you want to fall in love with Jira, try ServiceNow Agile Development (flick through some screenshots on Google Image Search to feel the pain).
- seanhunter 7mo ago“Servicenow agile” has to be one of the worst oxymorons in our industry.
- ethbr1 7mo ago
- stavarotti 7mo agoWe use Jira. We're trapped by the processes built around it. Once it's entrenched, it's rather difficult to remove. I eagerly await for something that can replace Jira, but fear that it too will be bastardized to fit the process for however long the process lives.
- toomuchtodo 7mo agoIf someone like OpenAI or Anthropic pulls it off, and imposes strong opinions similar to SAP (your business adheres to their vertical model vs them tailoring SAP to your unique business), I think it could replace Atlassian tools (Jira and Confluence specifically) relatively quickly. Call it “Planner” or something similar. Tell the Robot what you want and have it build and manage the plan. Atlassian’s revenue is their opportunity.
- FireBeyond 7mo agoLinear has a very different vibe to it, but that's not inherently a bad thing. Have used Jira plenty, and even ServiceNow Agile Development (FML, makes Jira look like a paragon of software experience), but Linear is quite refreshing.
- tech_tuna 7mo agoLinear is what Jira was back around 2008-2009. I just started using it, it's a breath of fresh air.
- Bluescreenbuddy 7mo ago“Pivoting to AI” No you’re just cutting costs
- ExoticPearTree 7mo agoIts funny: they’re cutting jobs but the price increases year over year with no discernible new benefits or features.
- mvkel 7mo agoAhhh, AI. The perpetual cover for "we over-hired in Covid times and are now correcting for that." Makes you look innovative.
- nineteen999 7mo agoYet here they are building a new skyscraper in Sydney: https://www.atlassiancentral.com.au/ https://www.atlassiancentral.com.au/
- bashtoni 7mo agoA classic example of the skyscraper index: https://en.wikipedia.org/wiki/Skyscraper_Index https://en.wikipedia.org/wiki/Skyscraper_Index
- behehebd 7mo ago> The authors find that height cannot, in fact, be used to predict changes in GDP. However, GDP can be used to predict changes in height. In other words, the study finds that extreme height is driven by rapid economic growth, but that height cannot be used as an indicator of recessions
- heavyset_go 7mo agoAI exists to put a positive spin on layoffs, which would normally be an indicator of something bad internally or with the economy as a whole.
- jazzpush2 7mo agoYou'd think they could just use AI to make Jira not take 5 seconds to create a ticket. Linear does it instantly. Just use AI to create a SPA version.
- PoachedEggs 7mo agoWhile we’re at it, can Jira have a Slack integration that takes a single emoji to create a ticket like Linear does, instead of a four click menu driven flow?
- returnInfinity 7mo agoI don't get the atlassian backlash on HN JIRA is just fine, gets the job done. Its not slow like the on-prem. Jira cloud version is fine.
- deathanatos 7mo agoWe are using very different versions of JIRA. The cloud version I used was slow and riddled with bugs. Entire views sometimes just refused to load or render, or something. Did it "get the job done?" Yes, in a literal reading of those words, I suppose it did, but anyone who understands the amount of work that a modern 2.4 GHz CPU should be able to do per unit time would not think highly of it. Nowadays … my company uses Linear … which, while it does have a sleeker, more modern looking UI … is nobody able to make a good bug tracker?
- tuveson 7mo agoMy company has an on-premise instance of the old Jira and is migrating to Jira Cloud, and the cloud version feels way slower to me.
- preisschild 7mo agoHave used both and personally find project tracking thats integrated into the git forge a lot better. Have used Gitlab+Jira in the past and now only use Gitlab and like it a lot more.
- Spunkie 7mo ago> Its not slow like the on-prem. Jira cloud version is fine. Seems like opposite land to me. Back in the day running Jira Server was the only way to get a snappy Jira instance. When they discontinued Jira Server to force everyone to the cloud it was god awful slow and forced us to abandon not just Jira but our entire Atlassisn stack.
- CraigRood 7mo agoI don't 'like' Jira, but it gets the job done. It's so easy to onboard users and assign tasks/issues across orgs. Structure is fairly simply and the filters with subscriptions is powerful. Android app that I use on my work phone just works.
- deleted 7mo ago[deleted]
- paxys 7mo agoAtlassian has 16,000 employees worldwide and reported a net loss of $257 million last year. In fact it has not had a single profitable year since its IPO in 2015. And as expected its stock price is in the dumpster, down to $75 from its peak of $440 in 2021 (-83%). So, like a lot of the tech industry this is simply a case of overhiring, overspending and general mismanagement. And like every other layoff announcement “AI” is a convenient scapegoat to hide executive dysfunction.
- disqard 7mo agoYour assessment is spot-on! These entities have been on shaky ground for a while, and AI is a convenient scapegoat for justifying their unavoidable downsizing.
- fhub 7mo agoProfit is just one metric that affects the stock. YoY Revenue growth was historically in 40s and high 30% year on year. But last year was sub 20%. Investors are re-evaluation SaaS company multiples through a new lens of AI. Personally I wonder if Fortune 500 can renegotiate lower margin pricing with the "We could just build this with AI in house" BATNA argument.
- BirdieNZ 7mo agoThis is a pretty surface level analysis; Atlassian also has stock buybacks of billions of dollars each year. It's an intentional choice to not declare a profit and pay a dividend, and instead to reinvest in acquisitions and pay shareholders via stock buybacks. You'll find it much more interesting to look at metrics like free cashflow, which is a better indicator as to whether the company is generating more cash during operations than it spends. This is a lot closer to the layman's idea of profit, and in a small business like a restaurant or single store it's often analogous to profit. In publicly traded companies, net profit and loss are borderline meaningless.
- _pythonlover_ 7mo agoI was in Atlassian and one of the impacted. Company spent ridiculous money on acquisitions and marketing and AI is the scapegoat.
- brcmthrowaway 7mo agoDo you still love Python?
- yubainu 7mo ago[flagged]
- throwa356262 7mo agoThis is the logical choice. I mean, they save money and Jira is already a slow buggy and insecure pile of sloppy code so there is no real downside.
- adityaathalye 7mo agoWell... companies who are laying off people on account of AI are telling markets that their chief value is NOT "innovation", it has been drudgery automation. A company that prizes actually making customer lives better (i.e. "innovation") will salivate at the prospect of having ten of ten people, each using the Drudgery Automator, being creative using all that drugery-free time to actually touch grass with their customers and ship overnight value (i.e. actually, progressively, make things better for customers) and then improve it at a pace that blows minds (i.e. actually happy customers). An company who's business is in fact about drudgery automation will kneecap itself by letting go nine of the ten. Long/Short stocks accordingly.
- exsomet 7mo ago> "Our approach is not 'AI replaces people.' But it would be disingenuous to pretend AI doesn't change … the number of roles required in certain areas. It does," CEO Mike Cannon-Brookes said in a memo to employees. “AI doesn’t replace people, but it’s silly to pretend it doesn’t replace people”, says man planning to use AI to replace people.
- nojvek 7mo agoIf a company isn't profitable without using AI, it's highly likely the execs don't know what their customers want and AI won't make the company profitable.
- _bypa 7mo agoIf they plan to double down on Rovo, good luck. It's absolutely atrocious! Rather than make you faster it's a complete time sink.
- deadbyai 7mo ago[dead]