Not "Atlassian laid off 1,600 people, 10% of its workforce"

But rather: "Atlassian leadership, with 300,000+ paying customers & ~5.2 billion USD in revenue & 6+ billion USD in assets in 2025, failed to line up their financial projections with their own staffing projections, and acted to place the burden of this gap on their direct reports rather than leadership, executive compensation packages, assets, or shareholders"

Layoffs should be personally mortifying. Boards should change.

For shame.

@gnomon there should be enforced followups after mass layoffs to assess social impact on those effected. with the number of people that often get layed off at a time by these huge corps, at least one suicide each time whether the ex-employee or those close to them as a result of life stressor changes wouldn't surprise me.
@gnomon only further evidence for holding nuremberg trials for the ruling class...
@kim personal experience lines up with your numbers.

@gnomon also don't let them hide behind "atlassian leadership"

Put their actual names "Mike Cannon Brookes, Shona Brown, Scott Belsky... With 300,000 paying customers... Layed off 1600 people"

@emily_s @gnomon include their income and wealth too
@gnomon it’s so sad when a company you respected turns out to be another IBM.

@gnomon I'd rather say their 'cloud only' push backfired pretty heavily (rather unsurprisingly to me).

How many paying customers did they loose that way? 10%, 20%? And those were the on-prem customers which paid lots of money. That's some big numbers!

@struberg @gnomon it's so bad, even we are migrating away from their shit, and we got it for free on a nonprofit license 😂
@gnomon they have no shame that's how they get into these positions. Legislate and regulate. I'm personally thinking "if a company does more than total X layoffs in a financial year then it is illegal to issue bonuses or share dividends" that will show these smug psychopaths.

@gnomon

In addition:

If layoffs don't represent the middle-term employee needs of the company, you're crippling the company's ability to function and grow for some short-term gains.

It takes years to train good employees. It takes even longer to nurture an environment where employees know where to trust, and where to verify the work of their fellow workers.

Not to mention the hit to motivation if you treat people thusly:

https://youtu.be/ldioxVEFxo4?si=6GynLm9tVM4S0xt-&t=55

Crowley Versus His House Plants | Good Omens | Prime Video

YouTube
@gnomon And Atlassian is headquartered in Australia where layoffs are illegal.

@jeremy_list headquartered in Australia but I think it's under US jurisdiction as of 2022¹?

I didn't know that layoffs were illegal in Australia. That's very interesting, thank you.

¹: https://www.businesswire.com/news/home/20221003005143/en/Atlassian-Announces-Completion-of-its-Redomiciliation-to-the-United-States

Atlassian Announces Completion of its Redomiciliation to the United States

Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announces the completion of the compan

@gnomon than again they are exactly what I call a shithole Company where peoples souls go to die.
@gnomon thanks and let me find this again please #Atlassians (plural ✓)

@gnomon

They used to be. I'm old enough to remember CEOs being called before Congress to "explain" their layoffs. And I'm not *that* old.

The amount of cultural damage neoliberalism has done to the United States is unfathomable.

@gnomon I watched as people who had their own internal git repo, wiki, email, build system, and IT department decide they should put it all in the Atlassian cloud.
Would have been better if those 1600 people had stayed part of organizations where they would be an asset rather that an extra expense.
@gnomon Companies should be required to protect the wellbeing of their staff to the same extent they are required to be responsible to shareholders. Staff layoffs = no bonuses, no dividends. People should be as important as profits.
@gnomon In Japan the CEO is often held responsible, there is shame, CEO paycuts, and even the threat of the CEO losing their job if the company has lay offs.