Atlassian announced a 10% workforce reduction (1,600 employees) as part of a corporate restructuring to pivot toward AI and enterprise sales, amid the company's declining market value and ongoing losses. The layoffs disproportionately affected software R&D roles, with union representatives criticizing the lack of consultation and transparency in the decision-making process.
Block CEO Jack Dorsey laid off 4,000 employees (nearly half the workforce) citing AI productivity gains, but current and former workers argue that AI tools cannot replace their roles and require significant human oversight; workers describe the layoffs as performative market posturing and report that employees were pressured to train AI systems that would ostensibly replace them.