Atlassian, Australia’s largest listed technology company, is to cut 10% of its staff, or 1,600 employees, in response to the threat posed by artificial intelligence (AI) to its operations. The Sydney-based company said it plans to “rebalance” its resources to focus on the “future of ?teamwork in the AI era.” Chief executive Mike Cannon-Brookes said in a ?memo to staff: “Our ?approach is not ‘AI replaces people.’ But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas. It does.”

