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ATLASSIAN LAYOFFS
Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
Roblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signalsRoblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signals. Roblox shares ...
Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, othersTech giants are slashing thousands of jobs in 2026, with Meta, Snap, Oracle, and Atlassian leading the charge. AI and automation are cited ...
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
Moving up the value chain proves costly as tech majors and GCCs slash jobsGlobal layoffs are intensifying across large tech firms and global capability centres in India, as companies like Oracle, Cisco, Amazon and...
Oracle layoffs: AI pivot triggers 10,000 job cuts in IndiaOracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company...
Oracle Layoffs explained: 'Fire humans, build AI', video explains how 30,000 job cut could become a template for tech layoffsOracle layoffs Reason: Oracle is reportedly laying off approximately 12,000 employees in India as part of a global reduction of nearly 30,0...
Freshworks cofounder Mathrubootham rejects ‘SaaSpocalypse’ prediction, says AI agents won’t kill industryMathrubootham said Anthropic’s February Claude Cowork plugins triggered a sell-off in markets across the globe, erasing $285 billion in sof...
Rapido's new backer; Blinkit gets funding boostAravind Sanka's Rapido has added a new investor to its ongoing $600 million round. This and more in today's ETtech Top 5.
Atlassian layoffs: 10% of total staff to be affected in AI pivot; 16% of those impacted are in IndiaAtlassian layoffs India: Atlassian layoffs IndiaThe company said 40% of affected employees are in North America, followed by 30% in Austral...
Atlassian layoffs affected employees severance package, changes in top management and total job cuts expenses: Which regions will be hit and when will restructuring end? Here's how company will intimate laid off staffAtlassian layoffs affected employees severance package, changes in top management and total job cuts expenses explain why the software comp...
Why is Atlassian going to lay off 10% workforce, and will software provider's 1,600 jobs cut announcement push company's shares upwards or downwards?Why is Atlassian going to lay off 10% workforce, and will software provider's 1,600 jobs cut announcement push company's shares upwards or ...
Nasdaq big crash today: Nasdaq falls over 400 points, wipes out $1.1 trillion as AI stocks tumble — why AI shares are fallingNasdaq big crash today: Nasdaq falls over 400 points as AI stocks tumble. The Nasdaq Composite crashed 422.49 points today. This 1.79% drop...
Why US tech stocks are falling today, did Palantir just sound the alarm? Key points to knowUS stock market crash today reason: Tech stocks experienced a significant downturn Tuesday, with AI darlings like Palantir, Nvidia, and AMD...
As the July jobs report paints a grim picture, 114 companies plan layoffs in August - is yours on the list?Layoffs August 2025 latest news: Amidst concerns over the US labor market, August 2025 is expected to witness a surge in layoffs as 114 com...
She quit her six-figure big tech ‘dream job’ after burnout from AI and layoff fears, and found more happiness in 'uncertainty'Annie Lu, once a product marketing manager at Atlassian, left her coveted Big Tech job after experiencing severe burnout due to corporate r...
Microsoft lays off thousands, makes $27 billion profit in Q2 — CEO Satya Nadella doubles down on AI maniaMicrosoft layoffs in 2025 and Satya Nadella's AI strategy: Microsoft's recent earnings report reveals a significant $27.2 billion profit, a...
Atlassian boss Mike Cannon-Brookes axes 150 jobs via AI, then defends his private jet in brutal video messageAtlassian layoffs 2025 AI job replacements latest news: Atlassian, led by co-founder Mike Cannon-Brookes, is cutting 150 jobs as AI takes o...
Zomato layoffs; OpenAI’s $300 billion valuationFood delivery major Zomato has asked 500 of its junior-level employees to leave. This and more in today’s ETtech Top 5.
New India CEO to cut Byju’s down to size; eGaming cos term GST demand “retrospective”Byju’s new India CEO is setting about cleaning house with no stone unturned. Within a week of taking over, Arjun Mohan is planning to merge...