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Atlassian to cut roughly 1,600 jobs in pivot to AI

reuters.com

271–280 of 320 posts

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#271
post #193

Earlier quoted context omitted.

I tested out Atlassian Rovo last year. I tried to get it to list all of the Confluence articles I had written in 2025 so I could use that information for my performance review. It found three, regardless of how I queried it. I had actually written over sixty. I tried, but never did found a good use case for it. Too unreliable.

Atlassian Rovo is considered utterly dangerous on my team (as we are still encouraged to use it…), the first time I did it erased a whole page - it couldn’t get the most basic instruction correct, would leave out 80% of what I input, respond to corrections with the same problem. It’s just a liability.

Rovo dev cli is pretty good though. Though that may just be because it talks to claude or openai in the backend.

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#272
post #41

Earlier quoted context omitted.

Does it matter how someone gets their work done as long as its done on time? Why does using a specific tool matter?

Dude, the time for work is going down drastically, about a third of before. Are you not facing it?

If you're experiencing this you're either a very junior dev or you're not as senior as your title might suggest...

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#273

I don't get the atlassian backlash on HN JIRA is just fine, gets the job done. Its not slow like the on-prem. Jira cloud version is fine.

> Its not slow like the on-prem. Jira cloud version is fine.

Seems like opposite land to me. Back in the day running Jira Server was the only way to get a snappy Jira instance. When they discontinued Jira Server to force everyone to the cloud it was god awful slow and forced us to abandon not just Jira but our entire Atlassisn stack.

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#274
post #235

Atlassian has 16,000 employees worldwide and reported a net loss of $257 million last year. In fact it has not had a single profitable year since its IPO in 2015. And as expected its stock price is in the dumpster, down to $75 from its peak of $440 in 2021 (-83%). So, like a lot of the tech industry this is simply a case of overhiring, overspending and general mismanagement. And like every other layoff announcement “…

This is a pretty surface level analysis; Atlassian also has stock buybacks of billions of dollars each year. It's an intentional choice to not declare a profit and pay a dividend, and instead to reinvest in acquisitions and pay shareholders via stock buybacks. You'll find it much more interesting to look at metrics like free cashflow, which is a better indicator as to whether the company is generating more cash durin…

They’re long themselves

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#275
post #178

Earlier quoted context omitted.

Agile itself is predicated on software being difficult to ship/expensive. It might not make sense to continue (waterfall might be better actually) The real problem is that company decisions will never be made as fast as software can be written (and rewritten) now.

> Agile itself is predicated on software being difficult to ship/expensive. No, the opposite; it is predicated on software being cheap and easy to ship, but hard to correctly anticipate the needs for. > It might not make sense to continue (waterfall might be better actually) Waterfall, not agile, is predicated on software being difficult to ship/expensive.

Honestly posts like theirs are just indicative of someone who never understood their job/role.

People throw out terms like agile or waterfall, shit on agile etc. probably because they work at some worse than mediocre place let alone ever done their own thing.

It’s annoying lol

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#276

Earlier quoted context omitted.

Henry Ford (allegedly a Capitalist) thought he should pay his employees enough that they could afford to buy the cars his company produced. Businesses ultimately need customers. In a world where AI does all the work, there will be no buyers.

Read Citigroup's plutonomy paper: https://www.sourcewatch.org/images/b/bc/CITIGROUP-MARCH-5-20... The strategy for institutional investors is to invest in servicing the needs of the already rich, at the expense of investing in companies that serve working people. The former is much more profitable than the latter, and the latter is becoming less profitable over time.

The rich are supported by the working class. If there is no more working class, the world that the rich enjoy will collapse, along with their riches.

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#277
post #64

Earlier quoted context omitted.

I'm interested in OSS alternatives, even if not as popular.

Redmine comes to mind? Or if you use jira for helpdesk then Request tracker

Also possibly OpenProject, which is an "open core" fork of Redmine

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#278
post #235

Atlassian has 16,000 employees worldwide and reported a net loss of $257 million last year. In fact it has not had a single profitable year since its IPO in 2015. And as expected its stock price is in the dumpster, down to $75 from its peak of $440 in 2021 (-83%). So, like a lot of the tech industry this is simply a case of overhiring, overspending and general mismanagement. And like every other layoff announcement “…

This is a pretty surface level analysis; Atlassian also has stock buybacks of billions of dollars each year. It's an intentional choice to not declare a profit and pay a dividend, and instead to reinvest in acquisitions and pay shareholders via stock buybacks. You'll find it much more interesting to look at metrics like free cashflow, which is a better indicator as to whether the company is generating more cash durin…

There is no connection between profits and dividends, some monstrously profitable companies pay little to no dividends and return money to shareholders via buybacks. The act of doing an acquisition by itself also does not affect profits.

The reason Atlassian doesn't "declare a profit" is that they are not profitable - they pay a lot with SBC, thus diluting shareholders year after year and not returning anything.

Re: Atlassian to cut roughly 1,600 jobs in pivot to AI

#279

Earlier quoted context omitted.

If you want to fall in love with Jira, try ServiceNow Agile Development (flick through some screenshots on Google Image Search to feel the pain).

“Servicenow agile” has to be one of the worst oxymorons in our industry.

*SAFe has entered the chat* https://framework.scaledagile.com/safe-6-0-configurations/
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