Major Australian company slashes 1,600 jobs as AI takeover hits workforce - News Summed Up

Major Australian company slashes 1,600 jobs as AI takeover hits workforce


Atlassian billionaire Mike Cannon-Brookes has slashed more than 1,600 jobs as artificial intelligence reshapes the workforce. Cannon-Brookes said AI had impacted 'the mix of skills we need' and 'the number of roles required in certain areas'. As his company faces growing market pressure, Cannon-Brookes is also navigating a complex divorce from his ex-wife Annie after they split in July 2023. Beyond Atlassian shares, the couple's reported asset pool totals about $10bn, including a property portfolio valued at roughly $360million. Others think software is dead,' Cannon-Brookes told shareholders.


Source: Daily Mail March 12, 2026 04:51 UTC



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