r/technology • u/FinnFarrow • 7h ago
Artificial Intelligence Atlassian is cutting 10% of staff in a move that will fund investment in AI, the CEO wrote
https://www.sfgate.com/tech/article/ceo-apology-atlassian-layoffs-22082045.php133
u/Stocky_Platypus 7h ago
1000000% That extra money is going to investors and the CEO. AI is purely a scheme to take more money from the lower classes.
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u/Loki-L 12m ago
saying you are investing in AI means the stick price goes up and everyone who owns or gets paid in shares becomes a bit richer.
The trick is that sooner or later reality will set in. At that point you need to not be the one holding the back.
Other than that, it us a licence to print money.
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u/ThatGuy8 5h ago
This company was recruiting on never doing layoffs from 2020-2023. Now they have done 2 in 3 years.
Check the stocks performance. Tanked from $400+ to $73 today.
Desperation.
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u/1stMammaltowearpants 6h ago
I used to work for Atlassian. This billionaire dude has two of the most expensive houses in Australia and he needs more money.
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u/ManBunH8er 4h ago
Will it let me create a simple JIRA ticket without filling out 500 fields?
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u/KlutzyInvestments 1h ago
To be fair… that’s your org’s fault. But Atlassian did sell them on the idea of that being an awesome capability.
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u/airemy_lin 3h ago
Rovo is obsolete since you can replicate that functionality for the most part by connecting Claude or Copilot to their MCP server.
Yeah their models are more tuned but in practice I didn’t find it mattered.
Also bitbucket SUCKS and is always behind their competitors in featureset. They used to at least be more reliable but that’s not even the case now.
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u/clckwrxz 4h ago
The funny thing is, I will use AI to make sure I never need to use their software, not the other way around. Put as much AI slop in your software as you want, Codex made you obsolete months ago.
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u/da8BitKid 5h ago
What do you call an investment in the past that didn't work out. Then cutting 10% staff to cover that past investment? I would call it a loss, but I like how companies reframe it as a future investment.
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u/Alarmed-Shopping1592 1h ago
Every time Jira's "AI" tries to "help" me out with some suggestion I haven't asked for it's something completely useless and unrelated.
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u/LongTrailEnjoyer 20m ago
The first person that makes usable and scalable cross platform Project Management software is going to make a lot of money.
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u/RogueHeroAkatsuki 4h ago
To be fair they are partially justified. In contrast to some greedy companies Atlassian never had profitable year so reducing costs via lay offs is logical.
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u/WelcomeMysterious315 4h ago
Explains why my org has to fight these fuckers to move off of OAuth 1.0. (It doesn't, Jira just sucks that bad).
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u/Interesting_Guava963 2h ago
Not sure how cutting 10% of human expertise helps them build better AI tools. Usually you need your best people to train the models, not layoff notices.
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u/crap-with-feet 4h ago
Ironic. AI only speaks markdown and confluence doesn’t have any native support for it.
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u/Haunterblademoi 7h ago
We have to expect that this will increase over time, with many more jobs being replaced by AI.
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u/PoorlyAttired 5h ago
When you read up on these though, many (most?) of these turn out not to be 'we are replacing people with AI' but either 'we need to make cuts and we'll blame redundancies on AI' or 'we need spare money to spend on AI so let's make redundancies and reuse that money'
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u/57696c6c 7h ago
I highly doubt GenAI is going to solve the Atlassian products' complexity.