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The Latest Breaking News from Atlassian

Tech Layoffs Surge to 59,000 in 2026 as Amazon, Meta and Block Cut Jobs Amid AI Shift — Who's Next?

AI and automation led to over 59,000 job cuts in 2026. Discover how companies like Amazon and Block are using AI for efficiency and what it means for future employment.

International Business Times UK

Aussies could miss big payday due to basic AI skills

Millions of Australian workers are using artificial intelligence tools with only a basic understanding, and could boost their salaries with more training.

AAP

First came the AI ‘teammates’, then the layoffs: the new reality for Atlassian staff now looking for work

‘These AI agents have been really, really helpful,’ says a former Sydney employee. ‘But you couldn’t use something like that to replace an actual human worker’

The Guardian - AU

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Atlassian Is Cutting 10% of Jobs. Should You Buy TEAM Stock as AI Takes Over?

Atlassian is cutting jobs to fund AI investments. Should you buy the stock here?

Barchart

AI could devalue your degree, federal government warns

AI could make soft skills like judgment more important for workers than traditional university degrees, assistant minister Andrew Leigh will say in a speech.

AAP

Past disruptions show Australian workers can weather AI

A federal government minister says Australia could see the creation of lots of jobs involving empathy and human connectedness as AI adoption increases.

AAP

Will AI take Australian jobs, or is it just an excuse for corporate restructure?

More than 1,000 Australian tech jobs have recently been cut, with companies citing AI productivity gains. But that’s not the full story, experts say

The Guardian - AU

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Atlassian Announces 1,600 Job Cuts as Part of Company's AI Push

Atlassian CEO Mike Cannon-Brookes informed staff about the job cuts via email, according to reports.

International Business Times

Afternoon Update: Labor fuel quality downgrade to pump supply into regions; Atlassian’s AI-driven layoffs; and finding your personal style

Chris Bowen has announced Labor will temporarily relax fuel standard rules for 60 days to put an extra 100m litres a month into the system.

The Guardian - AU

Atlassian workers in shock after AI-related layoffs

Almost 500 Atlassian employees in Australia are reeling after being told via email that their services are no longer required.

AAP

‘Devastating blow’: Atlassian lays off 1,600 workers ahead of AI push

Layoffs to affect 10% of workforce amid Australian company’s restructuring plan to push into artificial intelligence and enterprise sales

The Guardian - AU

Atlassian's AI Fear Trade May Be Exhausted—3 Signs Point to a Reversal

Atlassian’s stock has been crushed by AI fears, but improving price action, strong analyst backing, and a new CFO could signal a long-awaited turning point.

MarketBeat

Formula One team deploys Aussie AI for a technical edge

It is one of the world's most technical sports and, with major changes this season, artificial intelligence will help one team adjust.

AAP

Morgan Stanley Says You Should Buy the Dip in These 3 Software Stocks

Analysts say the software selloff is an opportunity for investors.

Barchart

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Barchart

3 Software Stocks to Buy on the Dip Now, According to Analysts

Following a significant plunge in software valuations, Morgan Stanley sees a rare buy-the-dip opportunity in resilient leaders like Atlassian, Shopify, and Palo Alto Networks.

The Guardian - AU

A tale of two Scott Farquhars: how one small change set back political transparency in Australia

Australia needs a balance between protecting the privacy of donors and preserving the transparency of how political parties are funded

Barchart

3 Oversold Software Stocks You Should Buy on the Dip Now

DOCU, INTU, and TEAM are three oversold software stocks that offer significant upside potential to shareholders in February 2026.

AAP

Tech giant's shares slide after 'software-mageddon'

Shares in Atlassian, Australia's biggest tech company, have fallen to the lowest level since early 2019 amid a huge rout in the software-as-a-service sector.

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Motorsport

Williams lands major deal with British bank as Santander drops off team partner list

Williams Racing has announced Barclays as its official banking partner for the 2026 F1 season

MarketBeat

Atlassian Has Been Crushed—But the Setup Into Earnings Is Shifting

Atlassian’s collapse has pushed sentiment to extremes, but there are several reasons to think this is turning into a serious buy opportunity.

Barchart

Down 25% in 2026, Morgan Stanley Says You Should Buy the Dip in This 1 Tech Stock

This software stock is down this year, but Morgan Stanley claims it is "deeply discounted."

Evening Standard

What went on in London this week: Ashton Kutcher on his Soho House obsession

Plus Mr Winkleman’s red carpet turn, Jason Statham’s favourite place in London, and a book that cracks open the wellness industry

Barchart

3 Software Stocks to Sell Before AI Replaces Them Entirely

Citi’s target cuts underscore that DDOG, FSLY, and TEAM face real AI‑driven competitive pressure and stretched multiples, so investors may want to exit or reduce positions before the market fully reprices these names for a slower, more crowded post‑AI landscape.

MarketBeat

3 Stocks to Avoid as Software Sector Stumbles

Software stocks are struggling as we enter 2026. Can this sector turn it around this year, or do new AI advances spell more trouble for the beleaguered sector?

Motorsport

FIA reveals F1 2026 entry list as Sauber name makes surprise appearance

Several teams have tweaked their official names on Formula 1's 2026 entry list, while Lando Norris and Max Verstappen will race with new numbers

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