[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"nav-categories":3,"article-atlassian-slashes-10-of-workforce-to-self-fund-ai-push-amid-plunging-stock-value":70},{"data":4},[5,37,57,64],{"name":6,"slug":7,"categories":8},"Productivity","productivity",[9,13,17,21,25,29,33],{"id":10,"title":11,"slug":12},17,"Branding","branding",{"id":14,"title":15,"slug":16},19,"Marketing","marketing",{"id":18,"title":19,"slug":20},20,"Work","work",{"id":22,"title":23,"slug":24},34,"Community","community",{"id":26,"title":27,"slug":28},21,"For newbies","for-newbies",{"id":30,"title":31,"slug":32},24,"Investment","investment",{"id":34,"title":35,"slug":36},22,"Finance","finance",{"name":38,"slug":39,"categories":40},"Tech","tech",[41,45,49,53],{"id":42,"title":43,"slug":44},28,"Technology","technology",{"id":46,"title":47,"slug":48},32,"Artificial Intelligence","artificial-intelligence",{"id":50,"title":51,"slug":52},26,"Security and protection","security-and-protection",{"id":54,"title":55,"slug":56},31,"YouTube Blog","youtube-blog",{"name":58,"slug":59,"categories":60},"News","news",[61],{"id":62,"title":58,"slug":63},18,"quasanews",{"name":65,"slug":66,"categories":67},"Business","business",[68],{"id":69,"title":65,"slug":66},16,{"post":71,"published_news":95,"popular_news":152,"categories":217},{"title":72,"description":73,"meta_title":72,"meta_description":74,"meta_keywords":75,"text":76,"slug":77,"created_at":78,"publish_at":79,"formatted_created_at":80,"category_id":34,"links":81,"view_type":84,"video_url":85,"views":86,"likes":87,"lang":88,"comments_count":87,"category":89},"Atlassian Slashes 10% of Workforce to Self-Fund AI Push Amid Plunging Stock Value","In a move reflecting the mounting pressures on software giants from artificial intelligence advancements, Atlassian announced on March 11, 2026, that it is laying off approximately 10% of its global workforce — around 1,600 employees — to \"self-fund\" investments in AI and enterprise sales.","For Atlassian, the path forward hinges on converting AI investments into tangible gains while navigating the pitfalls of its compensation model.","Despite the layoffs, Atlassian's fundamentals show resilience. Cloud revenue hit $1.067 billion in Q2 FY2026, up 26% year-over-year, with total revenue growth at 23%","\u003Cp>In a move reflecting the mounting pressures on software giants from artificial intelligence advancements, Atlassian announced on March 11, 2026, that it is laying off approximately \u003Ca href=\"https://www.theguardian.com/technology/2026/mar/12/atlassian-layoffs-software-technology-ai-push-mike-cannon-brookes-asx\">10%\u003C/a> of its global workforce — \u003Ca href=\"https://www.cnbc.com/2026/03/11/atlassian-slashes-10percent-of-workforce-to-self-fund-investments-in-ai.html\">around 1,600 employees\u003C/a> — to "self-fund" investments in AI and enterprise sales. The layoffs, part of a broader restructuring, come as the company's shares have hemorrhaged more than half their value year-to-date and \u003Ca href=\"https://www.atlassian.com/blog/announcements/atlassian-team-update-march-2026\">84%\u003C/a> from their 2021 peak, amid a sector-wide sell-off driven by fears of disruption from generative AI tools like Anthropic's Claude Cowork.\u003C/p>\n\n\u003Cp>\u003Cimg alt=\"\" class=\"image-align-left\" height=\"169\" src=\"https://quasa.io/storage/photos/00/image - 2026-03-16T122054.814.jpg\" width=\"300\" />CEO Mike Cannon-Brookes emphasized in a company blog post that the decision aims to "self-fund further investment in AI and enterprise sales, while strengthening our financial profile." He clarified that "\u003Ca href=\"https://m.economictimes.com/news/international/us/why-is-atlassian-going-to-lay-off-10-workforce-and-will-software-providers-1600-jobs-cut-announcement-push-companys-shares-upwards-or-downwards-ai-era-restructuring-plan/articleshow/129481474.cms\">AI is not replacing employees\u003C/a>," but acknowledged it alters the "mix of skills we need or the number of roles required in certain areas," framing the cuts as an "\u003Ca href=\"https://sundayguardianlive.com/world/atlassian-layoffs-why-the-software-firm-is-cutting-jobs-worldwide-as-1600-workers-are-affected-175704\">adaptation\u003C/a>" to reshape the workforce for future demands.\u003C/p>\n\n\u003Cp>The restructuring is expected to incur one-time costs of $225 million to $236 million, primarily in severance and related expenses, with most charges recorded by the end of June 2026. Post-layoffs, the savings are slated to fuel AI development, including enhancements to products like Rovo, which boasts 5 million monthly users as of February 2026.\u003C/p>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>The "Self-Fund" Imperative: Navigating Financial Headwinds\u003C/strong>\u003C/h4>\n\n\u003Cp>\u003Cimg alt=\"\" class=\"image-align-right\" height=\"447\" src=\"https://quasa.io/storage/photos/00/image - 2026-03-16T122018.006.jpg\" width=\"300\" />The emphasis on "self-funding" underscores Atlassian's precarious financial position. Since going public in 2015, the company has not reported a profitable fiscal year under Generally Accepted Accounting Principles (GAAP) since 2017. Raising external capital amid an \u003Ca href=\"https://seekingalpha.com/article/4882164-atlassian-still-grows-fast-but-must-finally-deliver-profits\">84%\u003C/a> stock plunge from its 2021 high would be prohibitively expensive, leaving internal cost-cutting — \u003Ca href=\"https://finance.yahoo.com/news/atlassian-price-prediction-down-66-143334975.html\">particularly payroll\u003C/a> — as the primary lever.\u003C/p>\n\n\u003Cp>Atlassian's reliance on stock-based compensation (SBC) plays a central role in this dynamic. \u003Ca href=\"https://www.fool.com/earnings/call-transcripts/2026/02/05/atlassian-team-q2-2026-earnings-call-transcript\">In fiscal year 2025\u003C/a>, the company issued SBC equivalent to about a quarter of its revenue — \u003Ca href=\"https://s206.q4cdn.com/270053503/files/doc_financials/2026/q1/TEAM-Q1-2026-Earnings-Release.pdf\">$1.36 billion on $5.2 billion in total revenue\u003C/a> — contributing to GAAP losses while preserving cash. This approach allows Atlassian to tout impressive non-GAAP metrics, \u003Ca href=\"https://www.investing.com/news/transcripts/earnings-call-transcript-atlassian-q2-2026-beats-earnings-expectations-stock-dips-93CH-4489196\">showing robust profitability by excluding SBC and other non-cash items\u003C/a>.\u003C/p>\n\n\u003Cp>For instance, in Q2 FY2026 (ended December 31, 2025), Atlassian reported revenue of $1.586 billion, up 23% year-over-year, with non-GAAP operating income of $427 million and a 27% margin. However, GAAP figures painted a different picture, with ongoing losses due to high SBC expenses.\u003C/p>\n\n\u003Cp>The strategy's downside becomes evident when stock prices stagnate or decline. Falling shares make SBC less attractive to employees, potentially increasing turnover and forcing the company to pay out more in cash compensation. As Cannon-Brookes noted, the layoffs are part of "speeding up our path to sustained profitability," aiming for GAAP breakeven as revenue growth accelerates.\u003C/p>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>AI Disruption and Sector-Wide Sell-Off\u003C/strong>\u003C/h4>\n\n\u003Cp>\u003Cimg alt=\"\" class=\"image-align-left\" height=\"402\" src=\"https://quasa.io/storage/photos/00/image - 2026-03-16T122016.364.jpg\" width=\"270\" />Atlassian's challenges are emblematic of broader turmoil in the software industry. The rise of generative AI has sparked investor concerns about obsolescence, fueling a sell-off that has battered stocks like Atlassian's. Tools such as Claude Cowork threaten traditional collaboration platforms by automating workflows and enhancing productivity, prompting companies like Atlassian to pivot aggressively toward AI integration.\u003C/p>\n\n\u003Cp>Despite the layoffs, Atlassian's fundamentals show resilience. Cloud revenue hit $1.067 billion in Q2 FY2026, up 26% year-over-year, with total revenue growth at 23%. The company boasts over 350,000 customers and has seen revenue acceleration for three consecutive quarters. Shares gained 1% in extended trading post-announcement, though they remain down significantly overall, trading around \u003Ca href=\"https://www.tikr.com/blog/atlassian-rose-10-this-week-heres-how-high-the-stock-could-climb-in-2026\">$73 — 77%\u003C/a> off last year's high.\u003C/p>\n\n\u003Cp>Also read:\u003C/p>\n\n\u003Cul>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/china-s-eyou-launches-world-s-first-automated-line-for-humanoid-robot-joints-signaling-a-shift-toward-mass-production\">China's Eyou Launches World's First Automated Line for Humanoid Robot Joints, Signaling a Shift Toward Mass Production\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/ai-apartheid-ohio-s-push-to-legally-deny-ai-rights-and-the-ripple-effects-on-future-tech\">AI Apartheid: Ohio's Push to Legally Deny AI Rights and the Ripple Effects on Future Tech\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/publishing-apps-on-google-play-in-2026-navigating-stricter-rules-amid-eu-pushback\">Publishing Apps on Google Play in 2026: Navigating Stricter Rules Amid EU Pushback\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/how-accounting-software-helps-in-managing-a-successful-business\">How Accounting Software Helps in Managing a Successful Business\u003C/a>\u003C/li>\n\u003C/ul>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>Looking Ahead: A Risky Bet on AI\u003C/strong>\u003C/h4>\n\n\u003Cp>Analysts see potential upside if Atlassian executes its AI strategy effectively. Projections suggest a fair value of $140–$147 by leveraging cost savings for growth, with management targeting over 20% annual revenue expansion through FY2027. However, the layoffs have drawn criticism, with some viewing them as a "\u003Ca href=\"https://kimseelingsmith.com/the-atlassian-layoffs-ai-disruption-broken-values-and-the-ceo-survival-crisis\">devastating blow\u003C/a>" to morale amid an already challenging transition.\u003C/p>\n\n\u003Cp>For Atlassian, the path forward hinges on converting AI investments into tangible gains while navigating the pitfalls of its compensation model. As the software sector grapples with AI's transformative potential, this restructuring could either propel the company toward profitability or highlight the perils of over-reliance on growth-at-all-costs strategies.\u003C/p>","atlassian-slashes-10-of-workforce-to-self-fund-ai-push-amid-plunging-stock-value","2026-03-16T11:22:21.000000Z","2026-03-22T11:12:00.000000Z","22.03.2026",{"image":82,"thumb":83},"https://quasa.io/storage/images/news/QWhbgGOBE0N9QpDGBeojarz3C2XnkjO0waoW1GWZ.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/QWhbgGOBE0N9QpDGBeojarz3C2XnkjO0waoW1GWZ.jpg","small",null,1537,0,"en",{"id":34,"title":35,"slug":36,"meta_title":90,"meta_description":91,"meta_keywords":92,"deleted_at":85,"created_at":93,"updated_at":94,"lang":88},"Quasa Media's Growth Hacking Finance Blog","Trends in financial literacy. Savings and investment options.","Finance, invest, money, rich, financial plan","2021-10-27T19:57:04.000000Z","2024-08-25T15:36:23.000000Z",[96,108,119,130,141],{"title":97,"description":98,"slug":99,"created_at":100,"publish_at":101,"formatted_created_at":102,"category":103,"links":104,"view_type":84,"video_url":85,"views":69,"likes":87,"lang":88,"comments_count":87,"is_pinned":107},"Cyberpunk Is Already Here – People Are Building Their Own Cyberdecks","It’s 2026, and the future we were promised in the ’80s has quietly arrived — not in gleaming megacorps or neon megacities, but in thrift-store clutches and repurposed makeup cases.","cyberpunk-is-already-here-people-are-building-their-own-cyberdecks","2026-04-10T14:54:06.000000Z","2026-04-12T11:46:00.000000Z","12.04.2026",{"title":27,"slug":28},{"image":105,"thumb":106},"https://quasa.io/storage/images/news/Otp0HUdKOuJbAlgb3pXghHe6iqqYPctRRsj49Flm.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/Otp0HUdKOuJbAlgb3pXghHe6iqqYPctRRsj49Flm.jpg",false,{"title":109,"description":110,"slug":111,"created_at":112,"publish_at":113,"formatted_created_at":102,"category":114,"links":115,"view_type":84,"video_url":85,"views":118,"likes":87,"lang":88,"comments_count":87,"is_pinned":107},"Why OpenAI’s Sora Crashed and Burned After Just 1.5 Years: The Video Slop That Ate Itself","It was supposed to be the future of creativity. In February 2024, OpenAI unveiled Sora — its text-to-video model that could turn a simple prompt into jaw-dropping, cinematic clips. Hollywood trembled. Creators cheered. Investors poured in.","why-openai-s-sora-crashed-and-burned-after-just-1-5-years-the-video-slop-that-ate-itself","2026-04-10T14:42:46.000000Z","2026-04-12T09:37:00.000000Z",{"title":65,"slug":66},{"image":116,"thumb":117},"https://quasa.io/storage/images/news/ljEQl4jsH2UcYjQm8HhZBuvbHANGblitMTcUocMr.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/ljEQl4jsH2UcYjQm8HhZBuvbHANGblitMTcUocMr.jpg",29,{"title":120,"description":121,"slug":122,"created_at":123,"publish_at":124,"formatted_created_at":102,"category":125,"links":126,"view_type":84,"video_url":85,"views":129,"likes":87,"lang":88,"comments_count":87,"is_pinned":107},"How to Actually Benefit from the Flood of AI News (Without Burning Out)","Every day we’re hit with another wave of AI announcements: shiny new tools, powerful extensions for chatbots and agents, and the latest “must-try” features.","how-to-actually-benefit-from-the-flood-of-ai-news-without-burning-out","2026-04-10T14:32:32.000000Z","2026-04-12T06:21:00.000000Z",{"title":47,"slug":48},{"image":127,"thumb":128},"https://quasa.io/storage/images/news/q1cKdGRJ8kdte3kOVMGJshqBQ9cnyJwRrKGeTxpe.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/q1cKdGRJ8kdte3kOVMGJshqBQ9cnyJwRrKGeTxpe.jpg",50,{"title":131,"description":132,"slug":133,"created_at":134,"publish_at":135,"formatted_created_at":102,"category":136,"links":137,"view_type":84,"video_url":85,"views":140,"likes":87,"lang":88,"comments_count":87,"is_pinned":107},"Three Ways to Burn Your AI Budget: Hard Lessons from 15+ AI Transformations","I’ve been involved in more than 15 large-scale AI transformations across different industries. Four of them failed.","three-ways-to-burn-your-ai-budget-hard-lessons-from-15-ai-transformations","2026-04-10T14:13:46.000000Z","2026-04-12T03:07:00.000000Z",{"title":47,"slug":48},{"image":138,"thumb":139},"https://quasa.io/storage/images/news/V4iWInVuKm0QkEz4NYriOX6CoNiiDnycWyLroF2S.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/V4iWInVuKm0QkEz4NYriOX6CoNiiDnycWyLroF2S.jpg",64,{"title":142,"description":143,"slug":144,"created_at":145,"publish_at":145,"formatted_created_at":146,"category":147,"links":148,"view_type":84,"video_url":85,"views":151,"likes":87,"lang":88,"comments_count":87,"is_pinned":107},"What Is a Startup? Cutting Through the Hype to Find the Real Meaning","A few years ago, we published an article titled “What is a Startup?” that quickly climbed to the top of our most-read and most-shared pieces.","what-is-a-startup-cutting-through-the-hype-to-find-the-real-meaning","2026-04-11T18:25:56.000000Z","11.04.2026",{"title":27,"slug":28},{"image":149,"thumb":150},"https://quasa.io/storage/images/news/cona0PkrDQzH7eaLDaQhaWO0FsU3fDEdqJvVClN8.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/cona0PkrDQzH7eaLDaQhaWO0FsU3fDEdqJvVClN8.jpg",111,[153,166,180,192,205],{"title":154,"description":155,"slug":156,"created_at":157,"publish_at":158,"formatted_created_at":159,"category":160,"links":161,"view_type":84,"video_url":85,"views":164,"likes":165,"lang":88,"comments_count":87,"is_pinned":107},"The Anatomy of an Entrepreneur","Entrepreneur is a French word that means an enterpriser. Enterprisers are people who undertake a business or enterprise with the chance of earning profits or suffering from loss.","the-anatomy-of-an-entrepreneur","2021-08-04T15:18:21.000000Z","2025-12-14T06:09:00.000000Z","14.12.2025",{"title":65,"slug":66},{"image":162,"thumb":163},"https://quasa.io/storage/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp","https://api.quasa.io/thumbs/news-thumb/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp",69890,2,{"title":167,"description":168,"slug":169,"created_at":170,"publish_at":171,"formatted_created_at":172,"category":173,"links":174,"view_type":177,"video_url":85,"views":178,"likes":179,"lang":88,"comments_count":87,"is_pinned":107},"Advertising on QUASA","QUASA MEDIA is read by more than 400 thousand people a month. We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":58,"slug":63},{"image":175,"thumb":176},"https://quasa.io/storage/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","large",69635,4,{"title":181,"description":182,"slug":183,"created_at":184,"publish_at":185,"formatted_created_at":186,"category":187,"links":188,"view_type":84,"video_url":85,"views":191,"likes":179,"lang":88,"comments_count":87,"is_pinned":107},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. You can be a new tech company, if your goal is not to grow high and fast; then, you are not a startup. ","what-is-a-startup","2021-08-04T12:05:17.000000Z","2025-12-17T13:02:00.000000Z","17.12.2025",{"title":65,"slug":66},{"image":189,"thumb":190},"https://quasa.io/storage/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp","https://api.quasa.io/thumbs/news-thumb/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp",67302,{"title":193,"description":194,"slug":195,"created_at":196,"publish_at":197,"formatted_created_at":198,"category":199,"links":200,"view_type":84,"video_url":85,"views":203,"likes":165,"lang":88,"comments_count":204,"is_pinned":107},"Top 5 Tips to Make More Money as a Content Creator","Content creators are one of the most desired job titles right now. Who wouldn’t want to earn a living online?","top-5-tips-to-make-more-money-as-a-content-creator","2022-01-17T17:31:51.000000Z","2026-01-17T11:30:00.000000Z","17.01.2026",{"title":19,"slug":20},{"image":201,"thumb":202},"https://quasa.io/storage/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg",41357,1,{"title":206,"description":207,"slug":208,"created_at":209,"publish_at":210,"formatted_created_at":211,"category":212,"links":213,"view_type":177,"video_url":85,"views":216,"likes":165,"lang":88,"comments_count":87,"is_pinned":107},"8 Logo Design Tips for Small Businesses","Your logo tells the story of your business and the values you stand for.","8-logo-design-tips-for-small-businesses","2021-12-04T21:59:52.000000Z","2025-05-05T03:30:00.000000Z","05.05.2025",{"title":15,"slug":16},{"image":214,"thumb":215},"https://quasa.io/storage/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg",40516,[218,219,220,221,222,223,224,225,226,227,228,229,230],{"title":23,"slug":24},{"title":47,"slug":48},{"title":55,"slug":56},{"title":43,"slug":44},{"title":51,"slug":52},{"title":31,"slug":32},{"title":35,"slug":36},{"title":27,"slug":28},{"title":19,"slug":20},{"title":15,"slug":16},{"title":58,"slug":63},{"title":11,"slug":12},{"title":65,"slug":66}]