4 ms·
I'm a bit late to the party, but the article is misleading. Atlassian is considering changing its corporate structure so that its parent company is in the UK.
by caspar 13y ago
I'm a bit late to the party, but the article is misleading.
Atlassian is considering changing its corporate structure so that its parent company is in the UK. Reasons include tax advantages and making the company more attractive to investors in light of a possible future IPO. Supposedly there are very few international companies listed on a US exchange which have their parent company in Australia, which means Atlassian would be a riskier investment.
That may involve having a few people in an office in the UK, but engineering (and company) headquarters would remain in Sydney, Australia.
Nobody would be losing any jobs over this, and Atlassian would still be trying to hire a boatload of developers in Australia.
Source: Scott Farquhar (co-CEO) at the December All Hands meeting (I work at Atlassian).
Edit: should probably point out that this is all "may"s and "would"s because it's up for a company-wide vote in the next few weeks - I have a ~500 page information booklet sitting on my desk.