Only 10%. I was expecting more from them given their stock’s trajectory.
botella36 on
I did use Atlassian products and they were good, but I think they are in a very competitive environment. The software development environment has been transformed by AI based coding tools and the players in the space are huge companies.
EscapeFacebook on
Nothing says efficiency like Rovo AI trying to sum up technical documentation in confluence… been there, pass.
AccountNumeroThree on
I asked Rovo to review a few related tickets and come up with the AC and description for a new ticket. It gave me about 10,000 words to use.
A5Wags on
I always tell people that JIRA is where great ideas go to die.
ArbysLunch on
The only time I’ve ever heard of Atlassian was at the end of an NPR news block.
„Brought to you by Atlassian. Buzzword buzzword buzzword buzzword, buzzword buzzword buzzword. Atlassian, buzzword.“
Expensive_Shallot_78 on
The question nobody has answered yet is, who is supposed buy services when everyone is unemployed? The dark answer is probably the state. The endgame is that ever penny will end either in advertisement or AI (mystery).
Wind_Best_1440 on
If AI is making so much money, why do business’s need to keep slashing their workers to fund it? Shouldn’t AI investment pay for itself?
Kinda makes you wonder.
And if anyone says. „They don’t need those workers anymore!“
Win11’s updates have been a hot mess for about a year now, and Nvdia had to remove their latest updated because it was literally blowing up fans inside of machines and setting PC’s on fire.
sewer_pickles on
It’s wild when you have money to sponsor an F1 team but still feel the need to layoff 1,600 people
the908bus on
Remember when Jira meant change and modernity, instead of existential dread?
SillyAlternative420 on
I genuinely like Atlassian products.
JIRA/Confluence are both pretty damn seamless
SheerDumbLuck on
Jira Product Discovery is the best PM tool I’ve used so far, but it still suffers from Atlassian.
Byzantine configs.
RichardDr on
„Self-fund“ is doing a lot of heavy lifting in that headline. What it really means: „We’re firing humans to pay for the AI that’s supposed to replace them.“
The math tells the real story though. Atlassian’s revenue is ~$4.5B annually. They didn’t need to lay off 500 people to „fund“ AI investment — they could have absorbed it easily. This is about signaling to Wall Street that they’re serious about AI margins, not about actual budget constraints.
What concerns me more as someone in tech: Atlassian products (Jira, Confluence, Bitbucket) are deeply embedded in how software teams operate. If they gut the teams maintaining those products to chase AI features nobody asked for, the product quality will suffer. We’ve already seen this pattern play out at Google where core product reliability declined while they pivoted resources to AI.
The 10% number is also suspicious — it’s become the standard „layoff for optics“ figure. Not 5% (too small to impress analysts), not 15% (too alarming for remaining employees). Just the Goldilocks number that says „we’re making tough decisions“ without actually needing to demonstrate the decision was data-driven.
kinglittlenc on
This is just the new way to do layoffs and try to save face. Notice their stock down over 50% ytd.
4look4rd on
Their stock is down 66% in 12 months. That’s the only story, anything else is bad journalism.
Street_Anxiety2907 on
They use to make a really good product then bastardized it by making everyone go through the same portal to access products hidden deep into the ecosystem.
I don’t know why they don’t just let a product stand on its own.
That’s why we’ve moved off of all their products. Wasn’t worth it.
UnknownSampleRate on
No shortage of greedy tech bro assholes
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Only 10%. I was expecting more from them given their stock’s trajectory.
I did use Atlassian products and they were good, but I think they are in a very competitive environment. The software development environment has been transformed by AI based coding tools and the players in the space are huge companies.
Nothing says efficiency like Rovo AI trying to sum up technical documentation in confluence… been there, pass.
I asked Rovo to review a few related tickets and come up with the AC and description for a new ticket. It gave me about 10,000 words to use.
I always tell people that JIRA is where great ideas go to die.
The only time I’ve ever heard of Atlassian was at the end of an NPR news block.
„Brought to you by Atlassian. Buzzword buzzword buzzword buzzword, buzzword buzzword buzzword. Atlassian, buzzword.“
The question nobody has answered yet is, who is supposed buy services when everyone is unemployed? The dark answer is probably the state. The endgame is that ever penny will end either in advertisement or AI (mystery).
If AI is making so much money, why do business’s need to keep slashing their workers to fund it? Shouldn’t AI investment pay for itself?
Kinda makes you wonder.
And if anyone says. „They don’t need those workers anymore!“
Win11’s updates have been a hot mess for about a year now, and Nvdia had to remove their latest updated because it was literally blowing up fans inside of machines and setting PC’s on fire.
It’s wild when you have money to sponsor an F1 team but still feel the need to layoff 1,600 people
Remember when Jira meant change and modernity, instead of existential dread?
I genuinely like Atlassian products.
JIRA/Confluence are both pretty damn seamless
Jira Product Discovery is the best PM tool I’ve used so far, but it still suffers from Atlassian.
Byzantine configs.
„Self-fund“ is doing a lot of heavy lifting in that headline. What it really means: „We’re firing humans to pay for the AI that’s supposed to replace them.“
The math tells the real story though. Atlassian’s revenue is ~$4.5B annually. They didn’t need to lay off 500 people to „fund“ AI investment — they could have absorbed it easily. This is about signaling to Wall Street that they’re serious about AI margins, not about actual budget constraints.
What concerns me more as someone in tech: Atlassian products (Jira, Confluence, Bitbucket) are deeply embedded in how software teams operate. If they gut the teams maintaining those products to chase AI features nobody asked for, the product quality will suffer. We’ve already seen this pattern play out at Google where core product reliability declined while they pivoted resources to AI.
The 10% number is also suspicious — it’s become the standard „layoff for optics“ figure. Not 5% (too small to impress analysts), not 15% (too alarming for remaining employees). Just the Goldilocks number that says „we’re making tough decisions“ without actually needing to demonstrate the decision was data-driven.
This is just the new way to do layoffs and try to save face. Notice their stock down over 50% ytd.
Their stock is down 66% in 12 months. That’s the only story, anything else is bad journalism.
They use to make a really good product then bastardized it by making everyone go through the same portal to access products hidden deep into the ecosystem.
I don’t know why they don’t just let a product stand on its own.
That’s why we’ve moved off of all their products. Wasn’t worth it.
No shortage of greedy tech bro assholes